---
schema_version: "secwatch.filing_event.v1"
accession: "0001616862-22-000056"
form_type: "8-K"
ticker: "AXTA"
cik: "0001616862"
company_name: "Axalta Coating Systems Ltd."
filed_at: "2022-12-20T23:59:59+00:00"
generated_at: "2026-06-21T01:46:07.608547+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Axalta refinances with new $2.0B term loan due Dec 2029 at SOFR+300bps

## Summary
- New seven-year $2.0 billion term loan matures December 2029, replacing existing $2.021 billion loan due June 2024.
- Interest rate is SOFR plus a margin of 300 basis points.
- Proceeds, together with cash on hand, refinanced the existing term loan.
- Amendment entered into on December 20, 2022; Barclays Bank PLC acts as administrative and collateral agent.
- Borrowers include Axalta Coating Systems Dutch Holding B B.V. and Axalta Coating Systems U.S. Holdings, Inc.

## SEC filing metadata
- accession: 0001616862-22-000056
- form_type: 8-K
- ticker: AXTA
- cik: 0001616862
- company_name: Axalta Coating Systems Ltd.
- filed_at: 2022-12-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1616862/000161686222000056/0001616862-22-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1616862/000161686222000056/axta-20221220.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001616862-22-000056
- JSON: https://secwatch.observer/filing/0001616862-22-000056.json
- Plain text: https://secwatch.observer/filing/0001616862-22-000056.txt

## Key facts
- Material Agreements
  Axalta Coating Systems Ltd. amended Eleventh Amendment to Credit Agreement and First Amendment to Amended and Restated Guaranty Agreement with Barclays Bank PLC, as administrative agent and collateral agent valued at $2.0 billion (effective 2022-12-20).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Barclays Bank PLC, as administrative agent and collateral agent
  - Value: $2.0 billion
  - Effective: 2022-12-20
  source text: On December 20, 2022, Axalta Coating Systems Ltd. (the “Company”), Axalta Coating Systems Dutch Holding B B.V. and Axalta Coating Systems U.S. Holdings, Inc. (together, the “Borrowers”), Axalta Coating Systems U.S., Inc., certain subsidiaries of the Company party thereto as guarantors, certain lenders party thereto and Barclays Bank PLC, as administrative agent and collateral agent, entered into the Eleventh Amendment to Credit Agreement and First Amendment to Amended and Restated Guaranty Agreement (“Amendment No. 11”), which amended that certain Credit Agreement, dated as of February 1, 2013, among the Borrowers, the guarantors party thereto, the lenders from time to time party thereto and Barclays Bank PLC, as administrative agent and collateral agent (as amended, the “Credit Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1616862/000161686222000056/0001616862-22-000056-index.htm

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