secwatch / observer
8-K filed May 1, 2024, 7:59 PM ET ticker COO CIK 0000711404
debt confidence high sentiment neutral materiality 0.50

COOPER COMPANIES, INC. (COO): debt financing — Cooper Companies enters $2.3B revolving credit facility, terminates prior facility

COOPER COMPANIES, INC.

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

COOPER COMPANIES, INC. incurred revolving credit of $2.300 billion with PNC Bank, National Association at applicable rate of, initially, 12.5 basis points, in respect of base rate loans, maturing May 1, 2029.

Instrument
revolving credit
Principal
$2.300 billion
Counterparty
PNC Bank, National Association
Rate
applicable rate of, initially, 12.5 basis points, in respect of base rate loans,
Maturity
May 1, 2029
Event
incurrence
Exact text from the filing
On May 1, 2024, The Cooper Companies, Inc. (the “Company”) entered into a Revolving Credit Agreement (the “Credit Agreement”), among the Company, CooperVision International Limited (“CooperVision International” and, together with the Company, individually each a “Borrower” and collectively, the “Borrowers”), the lenders from time to time party thereto, PNC Bank, National Association (“PNC Bank”), as administrative agent, and the other parties thereto. The Credit Agreement provides for a multicurrency revolving credit facility (the “Revolving Credit Facility”) in an aggregate principal amount of $2.300 billion
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

COOPER COMPANIES, INC. terminated 2020 Credit Agreement with KeyBank, National Association, as administrative agent (effective 2024-05-01).

Action
termination
Agreement
credit facility
Counterparty
KeyBank, National Association, as administrative agent
Effective
2024-05-01
Exact text from the filing
On May 1, 2024, in connection with the Company’s entry into the Credit Agreement, the Company terminated its existing Revolving Credit and Term Loan Agreement, dated as of April 1, 2020 (as subsequently amended, the “2020 Credit Agreement”), among the Company, CooperVision International, the lenders from time to time party thereto, KeyBank, National Association, as administrative agent, and the other parties thereto.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

COOPER COMPANIES, INC. entered into Revolving Credit Agreement with PNC Bank, National Association, as administrative agent valued at $2.300 billion (effective 2024-05-01).

Action
entry
Agreement
credit facility
Counterparty
PNC Bank, National Association, as administrative agent
Value
$2.300 billion
Effective
2024-05-01
Exact text from the filing
On May 1, 2024, The Cooper Companies, Inc. (the “Company”) entered into a Revolving Credit Agreement (the “Credit Agreement”), among the Company, CooperVision International Limited (“CooperVision International” and, together with the Company, individually each a “Borrower” and collectively, the “Borrowers”), the lenders from time to time party thereto, PNC Bank, National Association (“PNC Bank”), as administrative agent, and the other parties thereto.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

COOPER COMPANIES, INC. amended Amendment No. 2 to Term Loan Agreement with PNC Bank, National Association, as administrative agent (effective 2024-05-01).

Action
amendment
Agreement
credit facility
Counterparty
PNC Bank, National Association, as administrative agent
Effective
2024-05-01
Exact text from the filing
On May 1, 2024, the Company entered into Amendment No. 2 to Term Loan Agreement (the “Second Amendment to 2021 Loan Agreement”), among the Company, the lenders party thereto, and PNC Bank, as administrative agent, to amend the Term Loan Agreement, dated as of December 17, 2021 (as previously amended, the “2021 Loan Agreement”), by and among the Company, the lenders from time to time party thereto, PNC Bank, as administrative agent, and the other parties thereto.
View on SEC.gov

305 debt financings filed in the last 30 days. Browse all debt financings →

COOPER COMPANIES, INC. filing history →

Source: SEC EDGAR
accession 0000711404-24-000024
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