---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-054863"
form_type: "8-K"
ticker: "ASH"
cik: "0001674862"
company_name: "ASHLAND INC."
filed_at: "2023-10-24T23:59:59+00:00"
generated_at: "2026-06-09T14:17:36.027601+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Ashland enters €125M three-year receivables securitization program

## Summary
- €125 million EU A/R Facility with three-year maturity; Bank of America as administrative agent.
- Receivables sold to bankruptcy-remote Irish entity; off-balance-sheet treatment.
- Company provides performance guaranty but not credit guaranty on receivables.
- Variable yield based on EURIBOR, SOFR, SONIA plus margin; customary covenants.

## SEC filing metadata
- accession: 0000950170-23-054863
- form_type: 8-K
- ticker: ASH
- cik: 0001674862
- company_name: ASHLAND INC.
- filed_at: 2023-10-24T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1674862/000095017023054863/0000950170-23-054863-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1674862/000095017023054863/ash-20231019.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-054863
- JSON: https://secwatch.observer/filing/0000950170-23-054863.json
- Plain text: https://secwatch.observer/filing/0000950170-23-054863.txt

## Key facts
- Debt Financings
  ASHLAND INC. incurred debt of €125 million with Bank of America, N.A. at variable rate plus a margin.
  - Principal: €125 million
  - Counterparty: Bank of America, N.A.
  - Rate: variable rate plus a margin
  - Event: incurrence
  source text: entered into definitive agreements to establish a three-year €125 million receivables securitization program (the “EU A/R Facility”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674862/000095017023054863/0000950170-23-054863-index.htm
- Material Agreements
  ASHLAND INC. entered into EU A/R Facility with Bank of America, N.A. valued at €125 million (effective 2023-10-19).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A.
  - Value: €125 million
  - Effective: 2023-10-19
  source text: On October 19, 2023, Ashland Inc. (the “Company”), Ashland International Receivables Designated Activity Company, a wholly-owned subsidiary of the Company and a bankruptcy remote Irish designated activity company, as seller (the “Seller”), and certain of the Company’s wholly-owned international subsidiaries (the “Originators”) entered into definitive agreements to establish a three-year €125 million receivables securitization program (the “EU A/R Facility”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674862/000095017023054863/0000950170-23-054863-index.htm

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