secwatch.observer — SEC 8-K summary
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Issuer:     AVIENT CORP (AVNT)
CIK:        0001122976
Form:       8-K
Filed at:   2022-07-27T23:59:59+00:00
Accession:  0001193125-22-203646
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Avient prices $725M of 7.125% senior notes due 2030 to fund DSM Dyneema acquisition
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- Priced $725M of 7.125% senior notes due 2030 at 100% of par; closing expected Aug 10, 2022.
- Proceeds, plus a new term loan and cash, will fund the pending acquisition of DSM's protective materials business (Dyneema).
- Notes are subject to special mandatory redemption at par plus accrued interest if acquisition not closed by Apr 19, 2023.
- Offering is exempt from registration; offered to qualified institutional buyers and non-U.S. persons under Rule 144A and Reg S.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1122976/000119312522203646/0001193125-22-203646-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1122976/000119312522203646/d366631d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-203646

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