Masimo refinances debt with $250M term loan and $750M revolver maturing 2030

MASIMO CORP

Paid off prior credit facility (April 2022, Citibank admin) on Dec 1, 2025, and terminated commitments.
New unsecured Credit Facility: $250M term loan + $750M revolver; maturity Dec 1, 2030; option to increase by $400M.
Interest: ABR (spread 0%-0.75%) or Term SOFR (spread 1%-1.75%), based on net leverage; no SOFR credit spread adjustment.
Proceeds used to refinance prior debt and pay fees; future revolver draws for corporate, capex, working capital.
Financial covenants: net leverage ratio and interest charge coverage ratio same as prior agreement.

item 1.01item 2.03item 1.02item 9.01

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