secwatch.observer — SEC 8-K summary
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Issuer:     Mativ Holdings, Inc. (MATV)
CIK:        0001000623
Form:       8-K
Filed at:   2026-04-06T23:59:59+00:00
Accession:  0001000623-26-000032
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mativ Holdings enters $894.9M refinancing amendment to credit facilities
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- Refinancing provides $305M revolver, $89.9M Term A, $500M Term B loans totaling ~$894.9M.
- Interest margins: revolver/Term A based on Net Debt/EBITDA (1.75%-2.75%); Term B fixed 3.50%-4.50%.
- Revolver/Term A mature at earlier of 5 years or 182 days before 2029 Senior Notes; Term B at 7 years or 91 days.
- Covenants: min Interest Coverage 2.50x stepping to 3.00x; max Net Debt/EBITDA 5.00x stepping down to 4.00x, applying only to revolver/Term A.
- Three U.S. subsidiaries added as borrowers; one subsidiary added as guarantor under amended credit agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1000623/000100062326000032/0001000623-26-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1000623/000100062326000032/matv-20260403.htm
  HTML page:      https://secwatch.observer/filing/0001000623-26-000032

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