Dentsply Sirona amends debt covenants; new leverage ratios step down to 3.50x, restricts dividends

DENTSPLY SIRONA Inc.

New Total Leverage Ratio covenant: cannot exceed 4.25x (Q4 2025–Q2 2026) stepping down to 3.50x (Q3 2027+).
New Senior Leverage Ratio covenant: cannot exceed 3.25x (same period) stepping down to 2.50x (Q3 2027+).
Restricted Payments (dividends, buybacks) prohibited subject to specified exceptions.
EBITDA addback cap for efficiency initiatives: up to $75M aggregate for Q4 2025 through Q4 2026.
Interest rate adjustments triggered if total leverage ratio exceeds specified thresholds.

item 1.01item 2.03item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.