{"schema_version":"secwatch.filing_event.v1","accession":"0000950157-24-000061","form_type":"8-K","ticker":"AORT","cik":"0000784199","company_name":"ARTIVION, INC.","filed_at":"2024-01-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.911897+00:00","generated_at":"2026-06-06T22:16:45.061328+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Artivion enters $350M credit facility with Ares Capital, refinances existing debt","bullets":["Entered $350M credit facility: $190M initial term loan, $100M delayed draw term loan, $60M revolving credit facility.","Borrowed $190M + $30M revolver on Jan 18, 2024; proceeds used to refinance existing credit facilities and pay fees.","Term loans: SOFR+6.50% (or Base+5.50%); revolver: SOFR+4.00% (or Base+3.00%); maturity Jan 18, 2030.","Delayed draw term loan may be used solely to repurchase/repay 4.250% convertible senior notes due July 2025.","Facilities secured by substantially all assets; includes covenants including maximum total net leverage ratio."],"urls":{"canonical":"https://secwatch.observer/filing/0000950157-24-000061","json":"https://secwatch.observer/filing/0000950157-24-000061.json","markdown":"https://secwatch.observer/filing/0000950157-24-000061.md","text":"https://secwatch.observer/filing/0000950157-24-000061.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/784199/000095015724000061/0000950157-24-000061-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/784199/000095015724000061/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T22:16:45.061328+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":"097b8fd0f14edc9c5e777871b4b5cb68bd379d3f","claim":"ARTIVION, INC. incurred credit facility of $190.0 million secured term loan facility, $100.0 million secured delayed draw term loan facility, and $60.0 million sec with Ares Capital Corporation at Term Loan Facilities: base rate plus 5.50% or SOFR plus 6.50%, stepping down to maturing January 18, 2030.","evidence_excerpt":"On January 18, 2024 (the \"Closing Date\"), Artivion, Inc. (\"Artivion\") entered into a Credit and Guaranty Agreement (the \"Credit Agreement\"), among Artivion, as borrower, certain subsidiaries of Artivion, as guarantors, the lenders from time to time party thereto and Ares Capital Corporation, as administrative agent and collateral agent. The Credit Agreement provides for a $190.0 million secured term loan facility (the \"Initial Term Loan Facility\"), a $100.0 million secured delayed draw term loan facility (the \"Delayed Draw Term Loan Facility\" and, together with the Initial Term Loan Facility, the \"Term Loan Facilities\") and a $60.0 million \"senior-priority\" secured revolving credit facility (the \"Revolving Credit Facility\" and, together with the Term Loan Facilities, the \"Credit Facilities\").","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/784199/000095015724000061/0000950157-24-000061-index.htm","confidence":0.99,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$190.0 million secured term loan facility, $100.0 million secured delayed draw term loan facility, and $60.0 million sec"},{"label":"Counterparty","value":"Ares Capital Corporation"},{"label":"Rate","value":"Term Loan Facilities: base rate plus 5.50% or SOFR plus 6.50%, stepping down to"},{"label":"Maturity","value":"January 18, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"ce468f0ec380ac1d253d15a958052e03f711bbb3","claim":"ARTIVION, INC. entered into Credit and Guaranty Agreement with Ares Capital Corporation valued at $190.0 million secured term loan facility; $100.0 million secured delayed draw term loan facility; $ (effective 2024-01-18).","evidence_excerpt":"On January 18, 2024 (the “Closing Date”), Artivion, Inc. (“Artivion”) entered into a Credit and Guaranty Agreement (the “Credit Agreement”), among Artivion, as borrower, certain subsidiaries of Artivion, as guarantors, the lenders from time to time party thereto and Ares Capital Corporation, as administrative agent and collateral agent.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/784199/000095015724000061/0000950157-24-000061-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Ares Capital Corporation"},{"label":"Value","value":"$190.0 million secured term loan facility; $100.0 million secured delayed draw term loan facility; $"},{"label":"Effective","value":"2024-01-18"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}