---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-25-001541"
form_type: "8-K"
ticker: "ITGR"
cik: "0001114483"
company_name: "Integer Holdings Corp"
filed_at: "2025-03-19T23:59:59+00:00"
generated_at: "2026-05-24T11:29:17.962054+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Integer closes $1B 1.875% convertible notes offering; expects ~$12M interest savings

## Summary
- Closed $1B aggregate principal of 1.875% Convertible Senior Notes due 2030, upsized from $750M to $875M plus full $125M option.
- Net proceeds ~$976.1M; used $71M for capped call transactions, exchanged ~$383.7M of 2028 notes for cash + 1.55M shares, repaid revolver and term A loan.
- Capped call cap price $189.44 per share (60% premium over March 13 close of $118.40), mitigating potential dilution on conversion.
- Expected to be immediately accretive to 2025 adjusted earnings from lower interest expense of ~$12 million.
- Initial conversion rate 6.6243 shares/$1,000 (conversion price ~$150.96); interest payable semiannually at 1.875%.

## SEC filing metadata
- accession: 0001171843-25-001541
- form_type: 8-K
- ticker: ITGR
- cik: 0001114483
- company_name: Integer Holdings Corp
- filed_at: 2025-03-19T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1114483/000117184325001541/0001171843-25-001541-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1114483/000117184325001541/f8k_031925.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-25-001541
- JSON: https://secwatch.observer/filing/0001171843-25-001541.json
- Plain text: https://secwatch.observer/filing/0001171843-25-001541.txt

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