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8-K filed December 27, 2022, 6:59 PM ET ticker CNMD CIK 0000816956
debt confidence high sentiment neutral materiality 0.20

CONMED amends credit agreement to replace LIBOR with Term SOFR benchmark

CONMED Corp

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

CONMED Corp amended Third Amendment to Seventh Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent valued at The Third Amendment revises the interest rate calculation mechanics to reflect the adoption of the T (effective 2022-12-20).

Action
amendment
Agreement
credit facility
Counterparty
JPMorgan Chase Bank, N.A., as administrative agent
Value
The Third Amendment revises the interest rate calculation mechanics to reflect the adoption of the T
Effective
2022-12-20
Exact text from the filing
On December 20, 2022, CONMED and its subsidiary Linvatec Nederland B.V. entered into the Third Amendment (the “ Third Amendment ”) to CONMED’s Seventh Amended and Restated Credit Agreement, dated as of July 16, 2021 (the “ Base Credit Agreement ” and, as amended by the First Amendment, dated as of June 6, 2022 (the “ First Amendment ”), the Second Amendment, dated as of August 1, 2022 (the “ Second Amendment ”), and the Third Amendment, the “ Credit Agreement ”), among CONMED, the Foreign Subsidiary Borrowers (as defined therein) from time to time party thereto, the several banks and other financial institutions or entities from time to time party thereto and JPMorgan Chase Bank, N.A., as administrative agent.
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Source: SEC EDGAR
accession 0001193125-22-312677
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