https://www.avient.com/sites/default/files/2024-03/2024 Proxy Statement %28Filed%29.pdf
The Compensation Committee maintained adjusted EPS as the performance measure for the 2023-2025 cash-settled performance unit awards in order to drive improvements in shareholder value.
COMPENSATION DISCUSSION AND ANALYSIS 52 PROXY STATEMENT 2024 | Annual Meeting of Shareholders Performance Period Weighting January 1, 2023 through December 31, 2023 25% January 1, 2024 through December 31, 2024 25% January 1, 2025 through December 31, 2025 25% January 1, 2023 through December 31, 2025 25% The attainment level for the cash-settled performance units will be certified at the end of the total three- year performance period.
If the date of the 2025 Annual Meeting is delayed by more than 60 calendar days after the anniversary of the Annual Meeting, then a shareholder’s notice must be delivered to our principal executive offices not later than the close of business on the later of the 90th calendar day prior to the 2025 Annual Meeting or the 10th calendar day following the day on which public announcement of the date of the 2025 Annual Meeting is first made.
https://www.avient.com/investor-center/news/avient-announces-pricing-650-million-6250-senior-notes-due-2031
intends to use the net proceeds from the offering, together with cash on hand, to redeem all of its outstanding 5.75% senior notes due 2025 (the "2025 senior notes") and pay related fees and expenses.
This news release does not constitute a notice of redemption pursuant to the terms of the 2025 senior notes.