---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-312666"
form_type: "8-K"
ticker: "MATV"
cik: "0001000623"
company_name: "Mativ Holdings, Inc."
filed_at: "2022-12-27T23:59:59+00:00"
generated_at: "2026-06-20T22:40:38.861219+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Mativ Holdings enters $175M accounts receivable securitization facility maturing December 2025

## Summary
- Facility provides up to $175M in liquidity; PNC Bank serves as administrative agent.
- Mativ Receivables LLC (bankruptcy-remote subsidiary) will sell trade receivables to purchasers.
- Facility terminates December 23, 2025 unless earlier terminated; no parent guarantee of seller's payment obligations.
- Proceeds used for ongoing working capital and general corporate purposes.

## SEC filing metadata
- accession: 0001193125-22-312666
- form_type: 8-K
- ticker: MATV
- cik: 0001000623
- company_name: Mativ Holdings, Inc.
- filed_at: 2022-12-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1000623/000119312522312666/0001193125-22-312666-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1000623/000119312522312666/d411757d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-312666
- JSON: https://secwatch.observer/filing/0001193125-22-312666.json
- Plain text: https://secwatch.observer/filing/0001193125-22-312666.txt

## Key facts
- Debt Financings
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1000623/000119312522312666/0001193125-22-312666-index.htm
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1000623/000119312522312666/0001193125-22-312666-index.htm
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1000623/000119312522312666/0001193125-22-312666-index.htm

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