secwatch.observer — SEC 8-K summary
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Issuer:     OLIN Corp (OLN)
CIK:        0000074303
Form:       8-K
Filed at:   2025-03-14T23:59:59+00:00
Accession:  0001193125-25-054817
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Olin issues $600M in 6.625% Senior Notes and closes $1.85B credit facility refinancing
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- Issued $600M aggregate principal of 6.625% Senior Notes due April 1, 2033; interest paid semi-annually.
- Entered new $1.85B credit facility: $650M term loan and $1.2B revolving credit, both maturing March 14, 2030.
- New credit facility replaces and terminates existing $1.85B credit agreement; proceeds used to refinance prior loans.
- Amended existing bond agreement to align covenants with new credit facility.
- Term loan fully drawn on closing; revolving facility available for working capital and general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/74303/000119312525054817/0001193125-25-054817-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/74303/000119312525054817/d940810d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-054817

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