Every material Form 8-K OLIN Corp has filed with the SEC since October 28, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Olin Corporation and its subsidiary Olin Finance Company, LLC entered into Amendment No. 2 to a receivables purchase agreement with PNC Bank, National Association, on November 4, 2026. The amendment, among other things, extends the scheduled termination date to July 31, 2028, and the filing attaches the full text as Exhibit 10.1; the filing gives no financial amounts for the facility.
Agreement dated November 4, 2026, amends the Receivables Purchase Agreement dated November 20, 2024
Scheduled termination date extended to July 31, 2028
Olin Corporation acts as servicer and performance guarantor; PNC Bank, National Association is administrative agent
Olin reported third quarter 2026 net income of $14.4 million, or $0.13 per diluted share, down from $42.8 million, or $0.37 per share, a year earlier, while sales rose to $1,747.7 million from $1,713.2 million. Adjusted EBITDA fell to $191.4 million from $222.4 million, and the company expects fourth quarter 2026 adjusted EBITDA of $80 million to $100 million. Olin also said its merger with Huntsman is now expected to close in the first quarter of 2027.
Q3 2026 net income $14.4 million ($0.13 per diluted share) vs. $42.8 million ($0.37) in Q3 2025
Q3 2026 sales $1,747.7 million vs. $1,713.2 million; adjusted EBITDA $191.4 million vs. $222.4 million
Fourth quarter 2026 adjusted EBITDA expected in the range of $80 million to $100 million
Shareholders of both companies approved the Huntsman merger and the HSR waiting period expired; closing now expected in Q1 2027
Olin signed a Second Amendment to its Credit Agreement, which takes effect only if its merger with Huntsman closes. It would provide a $750 million term loan and a $1.75 billion revolving credit facility, expected to refinance existing debt and repay Huntsman's revolver, with a five-year maturity. The filing shows the merger is a condition, so the facilities depend on that transaction completing.
Term Loan Facility of $750 million and Revolving Credit Facility of $1.75 billion, both maturing five years after the closing date
Closing is subject to the Huntsman merger, under an agreement dated June 15, 2026, and to other specified conditions
Term loan expected to be fully drawn at closing to refinance existing loans and repay Huntsman's revolving credit facility
Financial maintenance covenants include a consolidated net leverage ratio of no more than 5.50 to 1.00 through March 31, 2027
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every OLIN Corp filing is on SEC EDGAR ↗. 8-K briefs of other companies →