debt
confidence high
sentiment neutral
materiality 0.60
Avient exercises optional redemption of $600M 5.25% Senior Notes due 2023, conditioned on Distribution sale
AVIENT CORP
- Redemption covers entire $600M aggregate principal of 5.25% Senior Notes due March 15, 2023.
- Redemption date fixed for November 2, 2022.
- Redemption price: 100% of principal plus Applicable Premium plus accrued interest to redemption date.
- Redemption conditioned on consummation of pending Distribution business disposition on or before redemption date.