---
title: "AdvanSix Refinances With $275M Revolver and $150M Term Loan Led by Citizens Bank"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296143128.md"
description: "AdvanSix completed a refinancing by entering a new credit agreement led by Citizens Bank, establishing a $275 million senior secured revolving credit facility and a $150 million term loan maturing in August 2031. The company simultaneously terminated its previous facility with Truist. Initial borrowings of $145 million on the revolver and $150 million on the term loan were used to repay the prior debt and support general corporate purposes, thereby enhancing liquidity and financial flexibility."
datetime: "2026-08-17T20:23:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296143128.md)
  - [en](https://longbridge.com/en/news/296143128.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296143128.md)
generator: "portal-rs"
---

# AdvanSix Refinances With $275M Revolver and $150M Term Loan Led by Citizens Bank

AdvanSix completed a refinancing, entering a new Credit Agreement that adds a $275 million senior secured revolving credit facility and a $150 million senior secured term loan, both maturing Aug. 14, 2031, and simultaneously terminated its 2021 facility with Truist. Initial borrowings totaled $145 million on the revolver and $150 million on the term loan, with pricing tied to leverage. Proceeds repaid the prior facility and will support general corporate purposes, enhancing liquidity and flexibility.

**New agreement details:**

-   **Agreement type**: Senior secured revolving credit facility ($275M) and term loan ($150M)
-   **Counterparty**: Citizens Bank as administrative agent and participating lenders
-   **Signed / Effective**: Aug 14 2026 / Aug 14 2026
-   **Duration / Termination**: Through Aug 14 2031
-   **Reason**: Refinance existing facility and enhance liquidity

**Terminated agreement details:**

-   **Agreement terminated**: Senior secured revolving credit facility
-   **Counterparty**: Truist Bank
-   **Original agreement date**: Oct 27 2021
-   **Termination date**: Aug 14 2026
-   **Termination type**: Early
-   **Exit fees / payments**: None
-   **Reason**: Replaced by new credit facilities

Original SEC Filing: AdvanSix Inc. \[ ASIX \] - 8-K - Aug. 17, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**