---
schema_version: "secwatch.filing_event.v1"
accession: "0000074303-24-000195"
form_type: "8-K"
ticker: "OLN"
cik: "0000074303"
company_name: "OLIN Corp"
filed_at: "2024-11-20T23:59:59+00:00"
generated_at: "2026-05-29T22:14:12.044469+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Olin enters $500M receivables purchase facility; repays $350M existing facility

## Summary
- Olin entered $500M Receivables Purchase Agreement on Nov 20, 2024; initial proceeds $450M.
- $350M used to repay and terminate existing Receivables Financing Agreement; remaining proceeds for working capital.
- Facility has three-year scheduled term; Olin must maintain Consolidated Net Leverage Ratio.
- Seller is Olin Finance Company, LLC; Olin remains servicer of the trade receivables.
- Existing $350M receivables facility (Dec 2016) terminated upon repayment.

## SEC filing metadata
- accession: 0000074303-24-000195
- form_type: 8-K
- ticker: OLN
- cik: 0000074303
- company_name: OLIN Corp
- filed_at: 2024-11-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/74303/000007430324000195/0000074303-24-000195-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/74303/000007430324000195/oln-20241120.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000074303-24-000195
- JSON: https://secwatch.observer/filing/0000074303-24-000195.json
- Plain text: https://secwatch.observer/filing/0000074303-24-000195.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.