Mativ Holdings, Inc. Form 8-K Filing

Mativ Holdings, Inc. has entered into the Ninth Amendment to its multicurrency credit agreement, originally dated September 25, 2018. This amendment, effective April 3, 2026, restructures and refinances the company's existing credit facilities. The Amended Credit Agreement now includes a $305 million revolving credit facility, $89.9 million in Term A Loan commitments, and $500 million in Term B Loan commitments, totaling approximately $894.9 million. Three subsidiaries have been added as U.S. Borrowers, and another as a guarantor. Interest rate margins for the revolving credit facility and Term A Loans are based on the Net Debt to EBITDA ratio, ranging from 1.75% to 2.75% plus a benchmark rate, with a 0.35% commitment fee. Term B Loans have a fixed margin of 3.50% to 4.50% plus a benchmark rate. The revolving credit facility and Term A Loans mature five years from the effective date or 182 days before the Senior Notes maturity, whichever is earlier. Term B Loans mature seven years from the effective date or 91 days before the Senior Notes maturity, whichever is earlier. Mativ must maintain specific financial ratios, including a minimum Interest Coverage Ratio and a maximum Net Debt to EBITDA Ratio, with adjustments outlined for different periods.