AdvanSix refinances credit facilities with $275 million revolver and $150 million term loan
AdvanSix completed a refinancing of its senior secured credit facilities on August 14, 2026, replacing its existing agreement with a new $275 million revolving facility and a $150 million term loan, both maturing August 14, 2031. The company repaid the prior facility in full, and the new borrowings are secured by substantially all of its tangible and intangible assets.
Key points
- New revolving credit facility of $275 million and term loan of $150 million, both maturing August 14, 2031, with Citizens Bank, N.A. as administrative agent.
- At closing, AdvanSix had borrowed $145 million under the revolver and $150 million under the term loan, with about $17 million of cash on hand.
- Existing facility with Truist Bank as administrative agent was paid off in full and terminated on August 14, 2026.
- Covenants include a minimum Consolidated Interest Coverage Ratio of 3.00 to 1.00 and a maximum Consolidated Leverage Ratio of 3.75 to 1.00, with limits on dividends and share repurchases.
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 17, 2026.
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