secwatch.observer — SEC 8-K summary
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Issuer:     Integer Holdings Corp (ITGR)
CIK:        0001114483
Form:       8-K
Filed at:   2023-02-06T23:59:59+00:00
Accession:  0001171843-23-000696
Event type: debt
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Integer Holdings issues $500M 2.125% convertible notes due 2028; repays existing debt
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- Net proceeds of ~$485.4M; used to fully repay term B loan and revolver, and pay $35M for capped calls.
- Notes bear 2.125% interest, mature Feb 2028; conversion price initially ~$87.20 per share.
- Capped call transactions set cap price at ~$108.59 per share to reduce dilution.
- Offering includes full exercise of $65M initial purchasers' option.
- Credit facility remains available; proceeds also cover related fees and expenses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1114483/000117184323000696/0001171843-23-000696-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1114483/000117184323000696/f8k_020323.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-000696

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