{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-055626","form_type":"8-K","ticker":"AVNT","cik":"0001122976","company_name":"AVIENT CORP","filed_at":"2025-03-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.978408+00:00","generated_at":"2026-05-24T15:10:24.730105+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Avient refinances $721M term loans, cuts interest rate by 25 bps","bullets":["Avient entered Amendment No. 10 creating $721M Term B-9 Loans to refinance all outstanding term loans.","Interest rate reduced by 25 bps; Term B-9 Loans bear SOFR+1.75% or Base Rate+0.75%.","Proceeds used to repay Term B-8 Loans; cashless and post-closing settlement options for lenders.","Amendment waives breakage costs and reaffirms all loan party guarantees and collateral."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-055626","json":"https://secwatch.observer/filing/0001193125-25-055626.json","markdown":"https://secwatch.observer/filing/0001193125-25-055626.md","text":"https://secwatch.observer/filing/0001193125-25-055626.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1122976/000119312525055626/0001193125-25-055626-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1122976/000119312525055626/d906707d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T15:10:24.730105+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4017d5a995012f36cded8cb6c809d847a984df37","claim":"AVIENT CORP amended term loan of $721 million with Citibank, N.A., as administrative agent at Adjusted Term SOFR plus 1.75% or Base Rate plus 0.75%.","evidence_excerpt":"On March 12, 2025, Avient Corporation, an Ohio corporation (the \" Company \"), and certain subsidiaries of the Company amended its secured Term Loan Agreement (as defined below) to create a new tranche of term loans (the \" Term B-9 Loans \") in an initial principal amount of $721 million, the proceeds of which were used to refinance all of the outstanding term loans under the Term Loan Agreement.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1122976/000119312525055626/0001193125-25-055626-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$721 million"},{"label":"Counterparty","value":"Citibank, N.A., as administrative agent"},{"label":"Rate","value":"Adjusted Term SOFR plus 1.75% or Base Rate plus 0.75%"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}