secwatch.observer — SEC 8-K summary
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Issuer:     MATERION Corp (MTRN)
CIK:        0001104657
Form:       8-K
Filed at:   2025-06-26T23:59:59+00:00
Accession:  0001104657-25-000124
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Materion enters $675M credit facility ($450M revolver + $225M term loan) maturing 2030
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- $450M senior secured revolving credit facility and $225M senior secured term loan facility entered on June 26, 2025.
- Term loan fully drawn on closing; facilities mature June 26, 2030.
- Refinances prior Fourth Amended and Restated Credit Agreement dated October 2021.
- Includes financial covenants: maximum net leverage ratio and minimum interest coverage ratio.
- JPMorgan Chase is administrative agent; Wells Fargo and BofA are co-syndication agents.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1104657/000110465725000124/0001104657-25-000124-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1104657/000110465725000124/mtrn-20250626.htm
  HTML page:      https://secwatch.observer/filing/0001104657-25-000124

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