---
schema_version: "secwatch.filing_event.v1"
accession: "0001174947-25-000941"
form_type: "8-K"
ticker: "CNMD"
cik: "0000816956"
company_name: "CONMED Corp"
filed_at: "2025-06-16T23:59:59+00:00"
generated_at: "2026-05-19T07:18:07.922926+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# CONMED enters into $750M credit agreement; maturities extended to 2030

## Summary
- New $550M USD revolver, $100M multicurrency revolver, and $100M term loan; maturity date June 10, 2030.
- Proceeds used to repay existing term loan ($100M) and $16M of revolving amounts under prior credit agreement.
- Removed fixed charge coverage ratio; added minimum interest coverage ratio of 2.75:1 (tested quarterly).
- Removed mandatory prepayments on excess cash flow and updated interest rate margins (e.g., Term Benchmark Loans at 1.125% p.a.).
- Credit agreement includes senior secured leverage ratio ≤3.75:1 and total leverage ratio ≤5.50:1 with step-ups for acquisitions.

## SEC filing metadata
- accession: 0001174947-25-000941
- form_type: 8-K
- ticker: CNMD
- cik: 0000816956
- company_name: CONMED Corp
- filed_at: 2025-06-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/816956/000117494725000941/0001174947-25-000941-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/816956/000117494725000941/form8k-34378_cnmd.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174947-25-000941
- JSON: https://secwatch.observer/filing/0001174947-25-000941.json
- Plain text: https://secwatch.observer/filing/0001174947-25-000941.txt

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