AdvanSix enters USD 275 million revolving credit facility, adds USD 150 million term loan
ASIX•Pricing, borrowings and security
Borrowings price off base rate or Term SOFR with leverage-based margins; current margins are 1% or 2%.
Closing borrowings totaled USD 145 million on the revolver and USD 150 million on the term loan. Proceeds refinanced the prior facility.
The facility includes leverage and interest coverage tests, and substantially all assets of the company and key U.S. units secure the loans.
New credit facilities and maturity
AdvanSix refinanced its revolving credit facility on Aug. 14, 2026 with a new USD 275 million senior secured revolver.
The deal also adds a USD 150 million senior secured term loan. Both facilities mature on Aug. 14, 2031.
