---
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"
generated_at: "2026-05-24T15:10:24.730105+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Avient refinances $721M term loans, cuts interest rate by 25 bps

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-055626
- JSON: https://secwatch.observer/filing/0001193125-25-055626.json
- Plain text: https://secwatch.observer/filing/0001193125-25-055626.txt

## Key facts
- Debt Financings
  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%.
  - Instrument: term loan
  - Principal: $721 million
  - Counterparty: Citibank, N.A., as administrative agent
  - Rate: Adjusted Term SOFR plus 1.75% or Base Rate plus 0.75%
  - Event: amendment
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1122976/000119312525055626/0001193125-25-055626-index.htm

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