debt
confidence high
sentiment neutral
materiality 0.60
Avient prices $650M senior notes at 6.250% due 2031, proceeds to redeem 2025 notes
AVIENT CORP
- $650 million aggregate principal of 6.250% senior notes due 2031 priced at 100% of par.
- Closing expected September 19, 2024, subject to customary conditions.
- Net proceeds plus cash on hand will redeem all outstanding 5.75% senior notes due 2025.
- Offered to QIBs under Rule 144A and non-U.S. persons under Regulation S; not registered.