Brief: Avient Corp Says On August 16 Co, Units Amended Secured Term Loan Agreement To Create New Tranche Of Term Loans In An Initial Principal Amount Of $732 Million

Avient

17/08/2023 11:12

Aug 17 (Reuters) - Avient Corp  AVNT.N :
    * AVIENT CORP-ON AUGUST 16 CO, UNITS AMENDED SECURED TERM
LOAN
AGREEMENT TO CREATE NEW TRANCHE OF TERM LOANS IN AN INITIAL
PRINCIPAL AMOUNT OF $732 MILLION
    * AVIENT CORP -  CONCURRENTLY, CO PREPAID $100.0 MILLION OF
EXISTING TERM LOANS
    * AVIENT- AMENDMENT AGREEMENT, ALSO REDUCED INTEREST RATE
APPLICABLE TO TERM LOANS AND EXTENDED MATURITY DATE OF EXISTING
TERM B-5 LOANS TO AUG 29, 2029

Further company coverage:  AVNT.N 

 ((Reuters.Briefs@thomsonreuters.com;))