---
schema_version: "secwatch.filing_event.v1"
accession: "0000310764-22-000035"
form_type: "8-K"
ticker: "SYK"
cik: "0000310764"
company_name: "STRYKER CORP"
filed_at: "2022-02-25T23:59:59+00:00"
generated_at: "2026-06-27T04:21:29.337535+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Stryker enters $1.5B term loan agreement maturing 2025

## Summary
- Borrowed full $1.5B on Feb 22, 2022; maturity Feb 22, 2025.
- Interest at Adjusted Term SOFR plus margin of 62.5-82.5 bps per credit rating.
- Leverage ratio covenant max 3.75:1; acquisition holiday allows 4.75:1 for four quarters.
- Joint lead arrangers: Wells Fargo, BofA, Citibank, BNP Paribas, Mizuho, U.S. Bank.

## SEC filing metadata
- accession: 0000310764-22-000035
- form_type: 8-K
- ticker: SYK
- cik: 0000310764
- company_name: STRYKER CORP
- filed_at: 2022-02-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/310764/000031076422000035/0000310764-22-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/310764/000031076422000035/syk-20220222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000310764-22-000035
- JSON: https://secwatch.observer/filing/0000310764-22-000035.json
- Plain text: https://secwatch.observer/filing/0000310764-22-000035.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.