Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Mativ Holdings, Inc. incurred debt of $175.0 million with PNC Bank, National Association, as administrative agent, and the Purchasers maturing December 23, 2025.
- Principal
- $175.0 million
- Counterparty
- PNC Bank, National Association, as administrative agent, and the Purchasers
- Maturity
- December 23, 2025
- Event
- incurrence
Exact text from the filing
On December 23, 2022 (the “ Closing Date ”), Mativ Holdings, Inc. (f/k/a Schweitzer-Mauduit International, Inc.), a Delaware corporation (the “ Company ”) entered into an accounts receivable securitization facility in the aggregate principal amount of up to $175.0 million
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Mativ Holdings, Inc. entered into Receivables Purchase Agreement with the persons from time to time party thereto as purchasers, PNC Bank, National Association, as administrative agent, and PNC Capital Markets LLC, as structuring agent valued at $175.0 million (effective 2022-12-23).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- the persons from time to time party thereto as purchasers, PNC Bank, National Association, as administrative agent, and PNC Capital Markets LLC, as structuring agent
- Value
- $175.0 million
- Effective
- 2022-12-23
Exact text from the filing
On December 23, 2022 (the “ Closing Date ”), Mativ Holdings, Inc. (f/k/a Schweitzer-Mauduit International, Inc.), a Delaware corporation (the “ Company ”) entered into an accounts receivable securitization facility in the aggregate principal amount of up to $175.0 million (the “ A/R Facility ”) to provide additional liquidity and funding for the ongoing business needs of the Company and its subsidiaries.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Mativ Holdings, Inc. entered into Sale and Contribution Agreement valued at $175.0 million (effective 2022-12-23).
- Action
- entry
- Agreement
- credit facility
- Value
- $175.0 million
- Effective
- 2022-12-23
Exact text from the filing
On December 23, 2022 (the “ Closing Date ”), Mativ Holdings, Inc. (f/k/a Schweitzer-Mauduit International, Inc.), a Delaware corporation (the “ Company ”) entered into an accounts receivable securitization facility in the aggregate principal amount of up to $175.0 million (the “ A/R Facility ”) to provide additional liquidity and funding for the ongoing business needs of the Company and its subsidiaries.
View on SEC.gov