secwatch.observer — SEC 8-K summary
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Issuer:     NUVASIVE INC (—)
CIK:        0001142596
Form:       8-K
Filed at:   2023-05-26T23:59:59+00:00
Accession:  0001142596-23-000025
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.03
LLM model:  deepseek-v4-flash:cloud@v2

NuVasive borrows $350M under revolver to repay $450M convertible notes due June 2023
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- Borrowed $350M aggregate principal under its $550M revolving credit facility on May 26, 2023.
- Proceeds plus cash on hand will repay $450M of 1.00% Convertible Senior Notes due June 1, 2023.
- Following repayment, expected remaining borrowing capacity under the facility is $200M.
- The 2020 Credit Agreement with Bank of America provides the revolving facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1142596/000114259623000025/0001142596-23-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1142596/000114259623000025/nuva-20230526.htm
  HTML page:      https://secwatch.observer/filing/0001142596-23-000025

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