secwatch / observer
8-K filed February 27, 2025, 6:59 PM ET ticker TFX CIK 0000096943
other material confidence high sentiment neutral materiality 0.85

TELEFLEX INC (TFX): debt financing — Teleflex reports Q4 adj EPS $3.89 (+15%); plans two-company split and BIOTRONIK acquisition

TELEFLEX INC

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Thomas E. Powell

Executive Vice President and Chief Financial Officer
TFX · TELEFLEX INC
Effective
2025-04-01
Successor
John R. Deren
Filed
February 27, 2025, 6:59 PM ET
who on February 24, 2025 informed the Company that he will retire as Executive Vice President and Chief Financial Officer of the Company, effective April 1, 2025.
Appointed

John R. Deren

Executive Vice President and Chief Financial Officer
TFX · TELEFLEX INC
Effective
2025-04-02
Filed
February 27, 2025, 6:59 PM ET
the Company’s Board of Directors appointed John R. Deren, 57, who has served as the Company’s Corporate Vice President and Chief Accounting Officer since May 2017, to serve as Executive Vice President and Chief Financial Officer of the Company, effective April 2, 2025.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

TELEFLEX INC amended revolving credit.

Instrument
revolving credit
Event
amendment
Exact text from the filing
permits the Company to borrow up to $550,000,000 under the $1,000,000,000 revolving facility provided for under the Credit Agreement on a limited condition basis on the date on which the Acquisition is consummated
View on SEC.gov
Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

TELEFLEX INC incurred term loan of $500,000,000 at The applicable margin for borrowings under the Delayed Draw Term Loan Facility r maturing the date that is the earlier of (x) the date that is two years after the date on which such loans are funded and (y) the maturity date for the revolving facilit.

Instrument
term loan
Principal
$500,000,000
Rate
The applicable margin for borrowings under the Delayed Draw Term Loan Facility r
Maturity
the date that is the earlier of (x) the date that is two years after the date on which such loans are funded and (y) the maturity date for the revolving facilit
Event
incurrence
Exact text from the filing
provides for a delayed draw term loan facility in an aggregate principal amount of $500,000,000, which will be available to be drawn on the date on which the Company consummates its acquisition of substantially all of the Vascular Intervention business of BIOTRONIK SE & Co. KG
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Thomas E. Powell retired as Executive Vice President and Chief Financial Officer at TELEFLEX INC.

Action
retired
Role
Executive Vice President and Chief Financial Officer
Exact text from the filing
who on February 24, 2025 informed the Company that he will retire as Executive Vice President and Chief Financial Officer of the Company, effective April 1, 2025.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

John R. Deren was appointed as Executive Vice President and Chief Financial Officer at TELEFLEX INC.

Action
appointed
Role
Executive Vice President and Chief Financial Officer
Exact text from the filing
the Company’s Board of Directors appointed John R. Deren, 57, who has served as the Company’s Corporate Vice President and Chief Accounting Officer since May 2017, to serve as Executive Vice President and Chief Financial Officer of the Company, effective April 2, 2025.
View on SEC.gov

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TELEFLEX INC filing history →

Source: SEC EDGAR
accession 0000096943-25-000025
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