---
schema_version: "secwatch.filing_event.v1"
accession: "0001590714-24-000140"
form_type: "8-K"
ticker: "ESI"
cik: "0001590714"
company_name: "Element Solutions Inc"
filed_at: "2024-10-18T23:59:59+00:00"
generated_at: "2026-05-30T12:46:48.675364+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Element Solutions refinances $1.04B term loans, cuts rate 25 bps, pays down $100M

## Summary
- New tranche B-3 term loans of $1,041,375,000 at Term SOFR+1.75%, reducing rate 25 bps vs prior tranche.
- Company paid down $100 million of existing tranche B-2 loans, lowering total borrowings under Credit Agreement.
- Maturity date remains December 18, 2030; cross-currency and interest rate swaps continue to apply.
- Net hedges result in fixed interest rate of approximately 3.2% through January 2025.

## SEC filing metadata
- accession: 0001590714-24-000140
- form_type: 8-K
- ticker: ESI
- cik: 0001590714
- company_name: Element Solutions Inc
- filed_at: 2024-10-18T23:59:59+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/1590714/000159071424000140/0001590714-24-000140-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590714/000159071424000140/esi-20241015.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001590714-24-000140
- JSON: https://secwatch.observer/filing/0001590714-24-000140.json
- Plain text: https://secwatch.observer/filing/0001590714-24-000140.txt

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