---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-169034"
form_type: "8-K"
ticker: "SYK"
cik: "0000310764"
company_name: "STRYKER CORP"
filed_at: "2023-06-16T23:59:59+00:00"
generated_at: "2026-06-13T23:21:40.259963+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Stryker amends credit agreement to transition from LIBOR to SOFR benchmarks

## Summary
- Amendment No. 1 to Oct 2021 Credit Agreement replaces LIBOR with SOFR-based rates and adds conforming changes.
- Effective June 15, 2023; existing LIBOR loans convert to Term SOFR at end of current interest periods.
- No changes to loan amounts, covenants, or pricing; conditions of effectiveness satisfied.

## SEC filing metadata
- accession: 0001193125-23-169034
- form_type: 8-K
- ticker: SYK
- cik: 0000310764
- company_name: STRYKER CORP
- filed_at: 2023-06-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/310764/000119312523169034/0001193125-23-169034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/310764/000119312523169034/d483687d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-169034
- JSON: https://secwatch.observer/filing/0001193125-23-169034.json
- Plain text: https://secwatch.observer/filing/0001193125-23-169034.txt

## Key facts
- Material Agreements
  STRYKER CORP amended Amendment No. 1 with Wells Fargo Bank, National Association, as the Administrative Agent (effective 2023-06-15).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Wells Fargo Bank, National Association, as the Administrative Agent
  - Effective: 2023-06-15
  source text: Stryker Corporation (the “Company”) entered into Amendment No. 1 (the “Amendment”) to the Company’s existing Credit Agreement, dated as of October 26, 2021 (the “Existing Credit Agreement”), by and among the Company, the other borrowers party thereto, the lenders from time to time party thereto and Wells Fargo Bank, National Association, as the Administrative Agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/310764/000119312523169034/0001193125-23-169034-index.htm

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