secwatch.observer — SEC 8-K summary
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Issuer:     OSI SYSTEMS INC (OSIS)
CIK:        0001039065
Form:       8-K
Filed at:   2021-12-27T23:59:59+00:00
Accession:  0001104659-21-153450
Event type: debt
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OSI Systems expands credit facility to $750M, extends maturity to Dec 2026
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- Total facility increased from $535M to $750M: $600M revolver plus $150M delayed draw term loan.
- Maturity extended from April 2024 to December 2026; pricing unchanged at LIBOR + 1.0%.
- Delayed draw term loan available through Sept 1, 2022; can help address Sep 2022 convertible notes.
- Amendment enhances financial flexibility and reflects strong lender support.
- Term loan not funded at closing; prepayment permitted without penalty.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1039065/000110465921153450/0001104659-21-153450-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1039065/000110465921153450/tm2136091d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-153450

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