https://www.avient.com/sites/default/files/2024-12/AVNT Investor Day 2024 Presentation.pdf
All Rights Reserved
2024 61
History of balanced capital deployment
$0
.1
6
$0
.2
0 $0
.2
6 $0
.3
4 $
0.
42
$0
.5
0 $
0.
58
$0
.7
2 $0
.7
9
$0
.8
2 $0
.8
8 $0
.9
6
$1
.0
0
$1
.0
3
$1
.0
8
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Dividend
$ per shareAdj.
https://www.avient.com/sites/default/files/resources/PolyOne%25202013%2520Annual%2520Report.pdf
2) In accordance with the provisions of Spartech’s 7.08% senior notes due 2016 and revolving credit facilities, at the time of
closing, PolyOne repaid all borrowings under Spartech’s revolving credit facilities, which amounted to $77.2 million.
Additionally, PolyOne repaid $102.3 million related to Spartech’s 7.08% senior notes due 2016, including $88.9 million of
aggregated principal, $10.3 million make-whole provisions, and $3.1 million of interest payable.
We expect to finalize the RIFS in
2014 and expect the majority of expenditures associated with this change to occur throughout 2016
and 2017.
https://www.avient.com/sites/default/files/resources/PolyOne%25202014%2520Annual%2520Report.pdf
We used a portion of the net proceeds of the offering to pay the cash portion of
the Spartech acquisition, and to repay certain Spartech debt, including the $88.9 million aggregate
principal amount of its senior notes due 2016 and related interest and make-whole payments totaling
$13.4 million and all outstanding amounts under its revolving credit facility.
2) In accordance with the provisions of Spartech’s 7.08% senior notes due 2016 and revolving credit facilities, at the time of
closing, PolyOne repaid all borrowings under Spartech’s revolving credit facilities, which amounted to $77.2 million.
Additionally, PolyOne repaid $102.3 million related to Spartech’s 7.08% senior notes due 2016, including $88.9 million of
aggregated principal, $10.3 million make-whole provisions, and $3.1 million of interest payable.
https://www.avient.com/sites/default/files/resources/PolyOne%25202012%2520Annual%2520Report.pdf
As of December 31, 2012, we expect amortization expense on finite-lived intangibles for the next five
years as follows:
2013 2014 2015 2016 2017
Expected amortization $13.9 $13.8 $13.6 $13.6 $13.6
Note 5 — FINANCING ARRANGEMENTS
Total debt as of December 31 consisted of the following:
(In millions)
December 31,
2012 (1)
December 31,
2011 (1)
7.500% debentures due 2015 $ 50.0 $ 50.0
Senior secured term loan due 2017 294.5 297.0
7.375% senior notes due 2020 360.0 360.0
Other debt 2.4 —
Total debt $ 706.9 $ 707.0
Less short-term and current portion of long-term debt 3.8 3.0
Total long-term debt, net of current portion $ 703.1 $ 704.0
(1) Book values include unamortized discounts, where applicable.
POLYONE CORPORATION 57
Aggregate maturities of debt for the next five years and thereafter are as follows:
(In millions)
2013 $ 3.8
2014 3.0
2015 53.0
2016 3.0
2017 285.0
Thereafter 361.6
Aggregate maturities 709.4
Less: unamortized discounts (2.5)
Total debt $ 706.9
Included in Interest expense, net for the years ended December 31, 2012, 2011 and 2010 was interest
income of $0.8 million, $0.7 million and $2.9 million, respectively.
POLYONE CORPORATION 63
The estimated future benefit payments for our pension and health care plans are as follows:
(In millions)
Pension
Benefits
Health
Care
Benefits
Medicare
Part D
Subsidy
2013 $ 38.5 $ 1.9 $ 0.1
2014 38.5 1.9 0.1
2015 39.4 1.8 0.1
2016 39.1 1.8 0.1
2017 39.3 1.7 0.1
2018 through 2022 198.8 7.2 0.4
We currently estimate that 2013 employer contributions will be approximately $75 million to all qualified
and non-qualified pension plans, which is $50 million above the minimum required contributions, and
$2 million to all health care benefit plans.
https://www.avient.com/sites/default/files/2022-03/Avient 2022 Proxy Statement.pdf
Jellison served as
Vice President, Chief Financial Officer of Stryker from 2013 to 2016.
Patterson has
served as Chairman of Avient since 2016, and as President and Chief Executive
Officer of Avient since 2014.
Valvoline”), a leading worldwide producer
and distributer of premium-branded automotive, commercial and industrial
lubricants and automotive chemicals, from 2016 until 2018.
https://www.avient.com/sites/default/files/2021-10/microbial-susceptibility-of-various-polymers-and-evaluation.pdf
Wozniak, mSphere 2016, 1, e00194-16
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for France %28French Translation%29.pdf
Dans la présente section, les termes « données à
caractère personnel », « responsable du traitement » et « traitement » ont la signification donnée par
le règlement général sur la protection des données (UE) 2016/679.
https://www.avient.com/sites/default/files/resources/PolyOne%25202011%2520Annual%2520Report.pdf
Aggregate maturities of long-term debt for the next five years are: 2012 —
$3.0 million; 2013 — $3.0 million; 2014 — $3.0 million; 2015 —
$53.0 million; 2016 — $3.0 million; and thereafter — $645.0 million.
As of December 31, 2011, we expect amortization
expense on other finite-lived intangibles for the next five years as follows:
2012 — $13.0 million; 2013 — $13.0 million; 2014 — $12.9 million; 2015 —
$12.7 million; and 2016 — $12.7 million.
Aggregate maturities of long-term debt for the next five years are: 2012 —
$3.0 million; 2013 — $3.0 million; 2014 — $3.0 million; 2015 —
$53.0 million; 2016 — $3.0 million; and thereafter — $645.0 million.
https://www.avient.com/sites/default/files/2024-09/Terms and Conditions of Sale for Germany.pdf
For notices
according to the General Data Protection
Regulation (Regulation (EU) 2016/679) Buyer
should consult Seller’s website at
www.avient.com.
Für
Hinweise gemäß der Allgemeinen
Datenschutzgrundverordnung (Regulation (EU)
https://www.avient.com/
19
2016/679) sollte der Käufer die Website des
Verkäufers unter www.avient.com einsehen.
26.
https://www.avient.com/sites/default/files/2024-03/2024 Proxy Statement_March.pdf
Jellison
served as Vice President, Chief Financial Officer of Stryker from 2013 to 2016.
Valvoline”), a leading worldwide producer
and distributer of premium-branded automotive, commercial and industrial
lubricants and automotive chemicals, from 2016 until 2018.
Rathbun
2/08/2021 — — — — — 5,417 225,185
2/14/2022 — — — — — 4,794 199,287
2/17/2023 — — — — — 7,036 292,487
2/4/2015 2,500 — — 38.27 2/4/2025 — —
2/10/2016 10,400 — — 24.98 2/10/2026 — —
2/15/2017 10,100 — — 34.10 2/15/2027 — —
2/14/2018 10,400 — — 41.89 2/14/2028 — —
2/11/2019 17,150 — — 31.54 2/11/2029 — —
2/10/2020 19,200 — — 31.48 2/10/2030 — —
2/08/2021 13,433 6,717 — 42.27 2/08/2031 — —
2/14/2022 — — 16,000 52.64 2/14/2032 — —
2/17/2023 — — 23,250 42.93 2/17/2033 — —
L.K.