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8-K filed July 5, 2023, 7:59 PM ET ticker ALKS CIK 0001520262
debt confidence high sentiment neutral materiality 0.05

Alkermes amends credit agreement to replace LIBOR with SOFR

Alkermes plc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Alkermes plc. amended Amendment with Morgan Stanley Senior Funding, Inc., as administrative agent and collateral agent, and the financial institutions and entities party thereto as lenders (effective 2023-06-28).

Action
amendment
Agreement
credit facility
Counterparty
Morgan Stanley Senior Funding, Inc., as administrative agent and collateral agent, and the financial institutions and entities party thereto as lenders
Effective
2023-06-28
Exact text from the filing
On June 28, 2023, Alkermes, Inc., a subsidiary of Alkermes plc (the “Company”), entered into an amendment (the “Amendment”) to the Amended and Restated Credit Agreement, dated as of September 16, 2011 and amended and restated on September 25, 2012, as further amended by Amendment No. 2 on February 14, 2013, Amendment No. 3 and Waiver on May 22, 2013, Amendment No. 4 on October 12, 2016, Amendment No. 5 on March 26, 2018, and Amendment No. 6 on March 12, 2021 (the “Credit Agreement”), by and among Morgan Stanley Senior Funding, Inc., as administrative agent and collateral agent, and the financial institutions and entities party thereto as lenders.
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Source: SEC EDGAR
accession 0000950170-23-031717
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