secwatch / observer
8-K filed May 1, 2024, 7:59 PM ET ticker HAE CIK 0000313143
debt confidence high sentiment neutral materiality 0.60

HAEMONETICS CORP (HAE): debt financing — Haemonetics enters $1B credit agreement; $250M term loan, $750M revolver due 2029

HAEMONETICS CORP

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

HAEMONETICS CORP incurred credit facility of $250 million senior unsecured term loan with JPMorgan Chase Bank, N.A., as administrative agent at Adjusted Term SOFR Rate plus an applicable rate ranging from 1.125% to 1.750% maturing April 30, 2029.

Instrument
credit facility
Principal
$250 million senior unsecured term loan
Counterparty
JPMorgan Chase Bank, N.A., as administrative agent
Rate
Adjusted Term SOFR Rate plus an applicable rate ranging from 1.125% to 1.750%
Maturity
April 30, 2029
Event
incurrence
Exact text from the filing
The Revised Credit Agreement provides for a $250 million senior unsecured term loan, the proceeds of which have been used to retire the balance of the term loan under the 2022 Credit Agreement, and a $750 million senior unsecured revolving credit facility, which constitutes a $330 million increase from the revolving credit facility under the 2022 Credit Agreement.
View on SEC.gov
Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

HAEMONETICS CORP incurred revolving credit of $750 million senior unsecured revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent at Adjusted Term SOFR Rate plus an applicable rate ranging from 1.125% to 1.750% maturing April 30, 2029.

Instrument
revolving credit
Principal
$750 million senior unsecured revolving credit facility
Counterparty
JPMorgan Chase Bank, N.A., as administrative agent
Rate
Adjusted Term SOFR Rate plus an applicable rate ranging from 1.125% to 1.750%
Maturity
April 30, 2029
Event
incurrence
Exact text from the filing
The Revised Credit Agreement provides for a $250 million senior unsecured term loan, the proceeds of which have been used to retire the balance of the term loan under the 2022 Credit Agreement, and a $750 million senior unsecured revolving credit facility, which constitutes a $330 million increase from the revolving credit facility under the 2022 Credit Agreement.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

HAEMONETICS CORP amended Revised Credit Agreement with JPMorgan Chase Bank, N.A. valued at $250 million senior unsecured term loan (effective 2024-04-30).

Action
amendment
Agreement
credit facility
Counterparty
JPMorgan Chase Bank, N.A.
Value
$250 million senior unsecured term loan
Effective
2024-04-30
Exact text from the filing
On April 30, 2024, Haemonetics Corporation (the “Company”) entered into a second amended and restated credit agreement by and among the Company, as borrower, the lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as administrative agent (the “Revised Credit Agreement”).
View on SEC.gov

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

HAEMONETICS CORP filing history →

Source: SEC EDGAR
accession 0000950103-24-006128
Machine-readable: JSON · Markdown · Plain text

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.