secwatch.observer — SEC 8-K summary
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Issuer:     Mativ Holdings, Inc. (MATV)
CIK:        0001000623
Form:       8-K
Filed at:   2022-12-27T23:59:59+00:00
Accession:  0001193125-22-312666
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1000623/000119312522312666/0001193125-22-312666-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1000623/000119312522312666/d411757d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-312666

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