---
schema_version: "secwatch.filing_event.v1"
accession: "0001670541-24-000023"
form_type: "8-K"
ticker: "ADNT"
cik: "0001670541"
company_name: "Adient plc"
filed_at: "2024-02-01T23:59:59+00:00"
generated_at: "2026-06-06T11:10:08.216364+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Adient amends term loan, reducing margin and extending maturity to 2031

## Summary
- Outstanding term loans of $635M unchanged; maturity extended to January 31, 2031.
- Interest rate margin reduced to 2.75% (Term SOFR) and 1.75% (Base Rate).
- Amendment executed Jan 31, 2024; obligations remain secured and guaranteed by Parent and certain subsidiaries.

## SEC filing metadata
- accession: 0001670541-24-000023
- form_type: 8-K
- ticker: ADNT
- cik: 0001670541
- company_name: Adient plc
- filed_at: 2024-02-01T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1670541/000167054124000023/0001670541-24-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1670541/000167054124000023/adnt-20240131.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001670541-24-000023
- JSON: https://secwatch.observer/filing/0001670541-24-000023.json
- Plain text: https://secwatch.observer/filing/0001670541-24-000023.txt

## Key facts
- Debt Financings
  Adient plc amended term loan of $635,000,000 with Bank of America, N.A. at 2.75%, in the case of Term SOFR loans, and 1.75%, in the case of Base Rate loans maturing January 31, 2031.
  - Instrument: term loan
  - Principal: $635,000,000
  - Counterparty: Bank of America, N.A.
  - Rate: 2.75%, in the case of Term SOFR loans, and 1.75%, in the case of Base Rate loans
  - Maturity: January 31, 2031
  - Event: amendment
  source text: to 2.75%, in the case of Term SOFR loans, and 1.75%, in the case of Base Rate loans. The total loans outstanding under the Credit Agreement as of the Amendment Effective Date of $635,000,000 remained unchanged. The obligations under the Credit Agreement continue to be guaranteed on a secured basis by Parent and certain of its material wholly-owned restricted
  evidence_url: https://www.sec.gov/Archives/edgar/data/1670541/000167054124000023/0001670541-24-000023-index.htm
- Material Agreements
  Adient plc amended Twelfth Amendment to Credit and Guaranty Agreement with Bank of America, N.A., as administrative agent and collateral agent (effective 2024-01-31).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A., as administrative agent and collateral agent
  - Effective: 2024-01-31
  source text: On January 31, 2024 (the “Amendment Effective Date”), Adient US LLC, a Michigan limited liability company (the “Lead Borrower”), Adient Global Holdings S.à.r.l., a private limited liability company ( société à responsabilité limitée ) incorporated under the laws of the Grand Duchy of Luxembourg (together with the Lead Borrower, collectively, the “Borrowers” and each, a “Borrower”), Adient plc (“Parent”) and certain of Parent’s other subsidiaries entered into an amendment (the “Amendment”) of the Term Loan Credit Agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/1670541/000167054124000023/0001670541-24-000023-index.htm

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