---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-113884"
form_type: "8-K"
ticker: "CE"
cik: "0001306830"
company_name: "Celanese Corp"
filed_at: "2024-11-04T23:59:59+00:00"
generated_at: "2026-05-30T05:48:47.770245+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Celanese enters $1B term loan facility and amends leverage covenants

## Summary
- New $1.0B delayed-draw term loan facility due 364 days from borrowing, available through March 15, 2025.
- Proceeds to repay existing note maturities due in Q1 2025.
- Consolidated net leverage ratio covenant relaxed to 5.75:1.00 through March 2027, with step-downs.
- Receivables financing basket reduced to $650M and general negative covenant baskets cut to 2.5% of net tangible assets during relief period.
- Interest at Term SOFR plus 1.30%-2.25% or base rate plus 0.30%-1.25% based on debt rating.

## SEC filing metadata
- accession: 0001104659-24-113884
- form_type: 8-K
- ticker: CE
- cik: 0001306830
- company_name: Celanese Corp
- filed_at: 2024-11-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1306830/000110465924113884/0001104659-24-113884-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1306830/000110465924113884/tm2427374d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-113884
- JSON: https://secwatch.observer/filing/0001104659-24-113884.json
- Plain text: https://secwatch.observer/filing/0001104659-24-113884.txt

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