{"schema_version":"secwatch.filing_event.v1","accession":"0000856982-23-000035","form_type":"8-K","ticker":"MMSI","cik":"0000856982","company_name":"MERIT MEDICAL SYSTEMS INC","filed_at":"2023-06-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.448835+00:00","generated_at":"2026-06-14T05:27:11.078754+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Merit Medical enters new $850M senior secured credit agreement, extends maturity to 2028","bullets":["New credit agreement includes $700M revolving facility and $150M term loan facility.","Borrowed approx. $242M under new facilities to repay existing debt; total indebtedness substantially unchanged.","Credit agreement matures June 6, 2028; extends debt maturities and enhances financial flexibility.","CFO states agreement supports growth initiatives and improving profitability and free cash flow."],"urls":{"canonical":"https://secwatch.observer/filing/0000856982-23-000035","json":"https://secwatch.observer/filing/0000856982-23-000035.json","markdown":"https://secwatch.observer/filing/0000856982-23-000035.md","text":"https://secwatch.observer/filing/0000856982-23-000035.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/856982/000085698223000035/0000856982-23-000035-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/856982/000085698223000035/mmsi-20230607x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T05:27:11.078754+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b4774362d1539b4fb8492c2d754ba44fe28ca0a8","claim":"MERIT MEDICAL SYSTEMS INC incurred credit facility of $150,000,000 term loan and $700,000,000 revolving credit facility with Wells Fargo Bank, National Association (Agent), Bank of America, N.A., HSBC Bank USA, National Association, U.S. Bank National Association, Truist Bank, TD Bank, Huntington Bank, Regions Bank at Base Rate plus Applicable Margin; Adjusted Term SOFR plus Applicable Margin; Adj maturing June 6, 2028.","evidence_excerpt":"to the Fourth Amended Credit Agreement as Lenders. Pursuant to the terms of the Fourth Amended Credit Agreement, the Lenders have agreed to make a term loan in the amount of $150,000,000 and revolving credit loans up to an aggregate amount of up to $700,000,000, inclusive of sub-facilities of up to $40,000,000 for multicurrency borrowings, up to $40,000,000 for","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/856982/000085698223000035/0000856982-23-000035-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$150,000,000 term loan and $700,000,000 revolving credit facility"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association (Agent), Bank of America, N.A., HSBC Bank USA, National Association, U.S. Bank National Association, Truist Bank, TD Bank, Huntington Bank, Regions Bank"},{"label":"Rate","value":"Base Rate plus Applicable Margin; Adjusted Term SOFR plus Applicable Margin; Adj"},{"label":"Maturity","value":"June 6, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"902bd9af2b7a43c3038f20bac2c8cf3f0d878322","claim":"MERIT MEDICAL SYSTEMS INC entered into Fourth Amended Credit Agreement with Wells Fargo Bank, National Association, Bank of America, N.A., HSBC Bank USA, National Association, U.S. Bank National Association, Truist Bank, TD Bank, Huntington Bank and Regions Bank valued at $150,000,000 term loan and revolving credit loans up to $700,000,000 (effective 2023-06-06).","evidence_excerpt":"Merit entered into the Fourth Amended and Restated Credit Agreement on June 6, 2023 (the “Fourth Amended Credit Agreement”) with certain lenders identified therein","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/856982/000085698223000035/0000856982-23-000035-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association, Bank of America, N.A., HSBC Bank USA, National Association, U.S. Bank National Association, Truist Bank, TD Bank, Huntington Bank and Regions Bank"},{"label":"Value","value":"$150,000,000 term loan and revolving credit loans up to $700,000,000"},{"label":"Effective","value":"2023-06-06"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}