---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-141088"
form_type: "8-K"
ticker: "AVNT"
cik: "0001122976"
company_name: "AVIENT CORP"
filed_at: "2025-06-16T23:59:59+00:00"
generated_at: "2026-05-19T06:03:58.412444+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Avient enters $500M senior secured revolving credit facility, replaces prior ABL agreement

## Summary
- New $500M facility replaces existing ABL credit agreement; can be increased by up to $250M subject to lender commitments.
- Matures five years from June 12, 2025; proceeds for working capital, capex, acquisitions and general corporate purposes.
- Interest at Alternate Base Rate or Relevant Rate plus margin ranging from 0.250%–1.000% (ABR) and 1.250%–2.000% (Relevant Rate).
- Financial covenant: maximum senior secured net leverage ratio of 3.00:1.00, stepping to 3.50:1.00 following material acquisitions.
- JPMorgan Chase serves as administrative agent; Citigroup, Morgan Stanley, Truist as co-syndication agents.

## SEC filing metadata
- accession: 0001193125-25-141088
- form_type: 8-K
- ticker: AVNT
- cik: 0001122976
- company_name: AVIENT CORP
- filed_at: 2025-06-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1122976/000119312525141088/0001193125-25-141088-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1122976/000119312525141088/d79513d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-141088
- JSON: https://secwatch.observer/filing/0001193125-25-141088.json
- Plain text: https://secwatch.observer/filing/0001193125-25-141088.txt

## Key facts
- Debt Financings
  AVIENT CORP incurred revolving credit of up to $500 million with JPMorgan Chase Bank, N.A. maturing five years from the Closing Date.
  - Instrument: revolving credit
  - Principal: up to $500 million
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Maturity: five years from the Closing Date
  - Event: incurrence
  source text: (subject to certain exceptions) and may be prepaid at any time without premium or penalty. The Credit Agreement consists of a senior secured revolving credit facility of up to $500 million (the “ Revolving Credit Facility ”), which may be increased by up to $250 million, subject to certain customary requirements and obtaining commitments for such increase. The
  evidence_url: https://www.sec.gov/Archives/edgar/data/1122976/000119312525141088/0001193125-25-141088-index.htm

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