Materion Corp Enters New Credit Agreement

Ticker: MTRN · Form: 8-K · Filed: 2025-06-26T00:00:00.000Z

Sentiment: neutral

Topics: debt, financing, credit-agreement

TL;DR

Materion just signed a new credit deal, locking in financing.

AI Summary

On June 26, 2025, Materion Corporation entered into a material definitive agreement, specifically a credit agreement, which creates a direct financial obligation for the company. This agreement is a significant event for Materion, impacting its financial structure and obligations.

Why It Matters

This filing indicates Materion Corporation has secured new financing or restructured its debt, which could impact its financial flexibility and future investment capabilities.

Risk Assessment

Risk Level: medium — Entering into new debt agreements can introduce financial risks related to interest rates, repayment obligations, and covenants.

Key Players & Entities

FAQ

What type of material definitive agreement did Materion Corporation enter into?

Materion Corporation entered into a credit agreement.

What is the date of the earliest event reported in this filing?

The date of the earliest event reported is June 26, 2025.

In which state was Materion Corporation incorporated?

Materion Corporation was incorporated in Ohio.

What is the principal executive office address of Materion Corporation?

The principal executive office address is 6070 Parkland Blvd., Mayfield Hts., Ohio 44124.

What is the telephone number of Materion Corporation?

The telephone number of Materion Corporation is (216) 486-4200.

From the Filing

0001104657-25-000124.txt : 20250626 0001104657-25-000124.hdr.sgml : 20250626 20250626171223 ACCESSION NUMBER: 0001104657-25-000124 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 177 CONFORMED PERIOD OF REPORT: 20250626 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250626 DATE AS OF CHANGE: 20250626 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MATERION Corp CENTRAL INDEX KEY: 0001104657 STANDARD INDUSTRIAL CLASSIFICATION: METAL FORGING & STAMPINGS [3460] ORGANIZATION NAME: 04 Manufacturing EIN: 341919973 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-15885 FILM NUMBER: 251081270 BUSINESS ADDRESS: STREET 1: 6070 PARKLAND BLVD. CITY: MAYFIELD HTS. STATE: OH ZIP: 44124 BUSINESS PHONE: 2163834931 MAIL ADDRESS: STREET 1: 6070 PARKLAND BLVD. CITY: MAYFIELD HTS. STATE: OH ZIP: 44124 FORMER COMPANY: FORMER CONFORMED NAME: BRUSH ENGINEERED MATERIALS INC DATE OF NAME CHANGE: 20000131 8-K 1 mtrn-20250626.htm 8-K mtrn-20250626 0001104657 false 0001104657 2025-06-26 2025-06-26 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) June 26, 2025 MATERION CORPORATION (Exact name of registrant as specified in its charter) Ohio 001-15885 34-1919973 (State or other jurisdiction of incorporation or organization) (Commission File Number) (I.R.S. Employer Identification No.) 6070 Parkland Blvd. , Mayfield Hts. , Ohio 44124 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code ( 216 ) 486-4200 Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, no par value MTRN New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§204.12b-2 of this chapter). Emerging Growth Company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐ Item 1.01 Entry into a Material Definitive Agreement. On June 26, 2025, Materion Corporation, an Ohio corporation ("Materion"), entered into a Fifth Amended and Restated Credit Agreement (the "Credit Agreement"), with JPMorgan Chase Bank, N.A., as administrative agent, Wells Fargo Bank National Association and Bank of America, N.A., as co-syndication agents, KeyBank National Association and PNC Bank, National Association, as co-documentation agents, and JPMorgan Chase Bank, N.A., Wells Fargo Securities, LLC and BofA Securities, Inc., as joint bookrunners and joint lead arrangers. The Credit Agreement refinances the revolving credit facility and term loan facility provided under Materion's previous

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