Origin Materials, Inc. (ORGN): debt financing — Origin Materials subsidiary issues €9.48M secured note to fund PET sheet equipment

Origin Materials, Inc.

Origin Closures issued €9,476,157.60 secured promissory note to Starlinger for equipment purchase.
Note bears 10.56% interest, payable in semi-annual installments from April 2026 to October 2029.
Parent Origin Materials executed full guaranty of Closures' obligations under the note.
Note is secured by a purchase-money security interest in the financed equipment.
No prepayment penalty; customary events of default with cure periods apply.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Origin Materials, Inc. incurred guarantee of €9,476,157.60 (approximately $11,182,813.58 based on the exchange rate in effect September 22, 2025) with Starlinger & Co Gesellschaft m.b.H. at 10.56% per annum maturing fully repaid in October 2029.

Instrument: guarantee
Principal: €9,476,157.60 (approximately $11,182,813.58 based on the exchange rate in effect September 22, 2025)
Counterparty: Starlinger & Co Gesellschaft m.b.H.
Rate: 10.56% per annum
Maturity: fully repaid in October 2029
Event: incurrence

Exact text from the filing

In connection with the Note, the Company executed a Guaranty Agreement in favor of Starlinger dated September 22, 2025 (the “Guaranty”).

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Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Origin Materials, Inc. incurred loan of €9,476,157.60 (approximately $11,182,813.58 based on the exchange rate in effect September 22, 2025) with Starlinger & Co Gesellschaft m.b.H. at 10.56% per annum maturing fully repaid in October 2029.

Instrument: loan
Principal: €9,476,157.60 (approximately $11,182,813.58 based on the exchange rate in effect September 22, 2025)
Counterparty: Starlinger & Co Gesellschaft m.b.H.
Rate: 10.56% per annum
Maturity: fully repaid in October 2029
Event: incurrence

Exact text from the filing

On September 22, 2025, Origin Closures, LLC (“Closures”), a wholly-owned subsidiary of Origin Materials, Inc. (the “Company,” “we,” or “us”) executed a Secured Promissory Note (the “Note”) in favor of Starlinger & Co Gesellschaft m.b.H. (“Starlinger”) in the principal amount of €9,476,157.60 (approximately $11,182,813.58 based on the exchange rate in effect September 22, 2025) to finance the purchase of certain equipment used to produce polyethylene terephthalate (PET) sheet.

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41 debt financings filed in the last 30 days. Browse all debt financings →

Origin Materials, Inc. filing history →

Source: SEC EDGAR

accession 0001802457-25-000072

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