Avient to launch $832 million term loan B-7 on Friday morning

By Sara Rosenberg

New York, July 27 – Avient Corp. Inc. is set to hold a lender call at 10 a.m. ET on Friday to launch a roughly $832 million first-lien senior secured term loan B-7, according to a market source.

Morgan Stanley Senior Funding Inc. is the left lead arranger on the deal.

Proceeds will be used to refinance the company’s existing term loan B-5 due 2026 and term loan B-6 due 2029 and to pay related fees and expenses.

Avient is an Avon Lake, Ohio-based provider of specialized and sustainable material solutions.

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