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Firm News

Julie Cohen
Director of Marketing and Communications

Cahill Represents Debt Financing Sources in $1.3 Billion of Debt Financings, Consisting of $725 Million Notes Offering and $575 Million Credit Facility for Avient Corporation

Date: 09/01/22

Cahill represented the initial purchasers in connection with a Rule 144A offering of $725,000,000 aggregate principal amount of 7.125% senior notes due 2030 by Avient Corporation. Cahill also represented the lead arrangers in connection with a $575,000,000 incremental term B credit facility for Avient Corporation. Proceeds from the notes offering and the term loan are expected to be used for the acquisition by Avient of DSM Protective Materials (Dyneema®). Avient Corporation is a global manufacturer of specialized and sustainable material solutions.