---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-246522"
form_type: "8-K"
ticker: "MATV"
cik: "0001000623"
company_name: "Mativ Holdings, Inc."
filed_at: "2023-09-29T23:59:59+00:00"
generated_at: "2026-06-10T06:44:52.426440+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Mativ amends credit facility to permit sale of Engineered Papers business to Evergreen Hill

## Summary
- Seventh Amendment to $1.793B credit agreement effective Sept 19, 2023, clears way for Engineered Papers sale.
- Maximum net debt to EBITDA covenant: 4.75x for Q3 2023; 4.50x for Q4 2023 (post-closing) and thereafter.
- Net cash proceeds from the sale must be used to prepay Term Loans under the credit agreement.
- Amendment required consent from Required Lenders and Required TLA/DDTL/RC Lenders; other material terms unchanged.
- Transaction remains subject to other closing conditions; no change to previously announced sale terms.

## SEC filing metadata
- accession: 0001193125-23-246522
- form_type: 8-K
- ticker: MATV
- cik: 0001000623
- company_name: Mativ Holdings, Inc.
- filed_at: 2023-09-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1000623/000119312523246522/0001193125-23-246522-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1000623/000119312523246522/d470042d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-246522
- JSON: https://secwatch.observer/filing/0001193125-23-246522.json
- Plain text: https://secwatch.observer/filing/0001193125-23-246522.txt

## Key facts
- Material Agreements
  Mativ Holdings, Inc. amended Seventh Amendment to the Multicurrency Credit Agreement with Evergreen Hill Enterprise Pte. Ltd. valued at $1.793 billion multicurrency credit agreement (effective 2023-09-19).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Evergreen Hill Enterprise Pte. Ltd.
  - Value: $1.793 billion multicurrency credit agreement
  - Effective: 2023-09-19
  source text: On September 29, 2023, Mativ Holdings, Inc. ("Mativ") announced it had entered into the Seventh Amendment (the "Amendment") to Mativ's $1.793 billion multicurrency credit agreement, dated as of September 25, 2018 (the "Prior Agreement", and the Prior Agreement as amended by the Amendment, the "Amended Credit Agreement").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1000623/000119312523246522/0001193125-23-246522-index.htm

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