secwatch.observer — SEC 8-K summary
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Issuer:     Integer Holdings Corp (ITGR)
CIK:        0001114483
Form:       8-K
Filed at:   2025-03-14T23:59:59+00:00
Accession:  0001171843-25-001475
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Integer Holdings prices $875M convertible notes at 1.875%, exchanges $383.7M of existing notes
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- Priced $875M of 1.875% convertible senior notes due 2030, upsized from $750M.
- Concurrent exchange of $383.7M of existing 2.125% notes for $384.4M cash and 1.6M shares.
- Net proceeds ~$853.9M; $62.1M for capped call transactions; balance for debt repayment and general use.
- Initial conversion price $150.96 (27.5% premium to $118.40 close); cap price $189.44 (60% premium).
- Notes unsecured, mature March 15, 2030; expected closing March 18, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1114483/000117184325001475/0001171843-25-001475-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1114483/000117184325001475/f8k_031425.htm
  HTML page:      https://secwatch.observer/filing/0001171843-25-001475

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer