---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-031717"
form_type: "8-K"
ticker: "ALKS"
cik: "0001520262"
company_name: "Alkermes plc."
filed_at: "2023-07-05T23:59:59+00:00"
generated_at: "2026-06-13T12:38:57.264855+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.05
calibrated_materiality_score: 0.05
confidence: "high"
source: SEC EDGAR
---

# Alkermes amends credit agreement to replace LIBOR with SOFR

## Summary
- Amendment dated June 28, 2023 to Credit Agreement originally dated Sept 16, 2011.
- Interest rate benchmark transitions from LIBOR to SOFR with conforming changes.
- No change to principal amount, maturity, or covenants mentioned.
- Company will file full amendment with Q2 2023 Form 10-Q.
- Administrative agent remains Morgan Stanley Senior Funding, Inc.

## SEC filing metadata
- accession: 0000950170-23-031717
- form_type: 8-K
- ticker: ALKS
- cik: 0001520262
- company_name: Alkermes plc.
- filed_at: 2023-07-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.05
- calibrated_materiality_score: 0.05
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1520262/000095017023031717/0000950170-23-031717-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1520262/000095017023031717/alks-20230628.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-031717
- JSON: https://secwatch.observer/filing/0000950170-23-031717.json
- Plain text: https://secwatch.observer/filing/0000950170-23-031717.txt

## Key facts
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1520262/000095017023031717/0000950170-23-031717-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
