---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-287490"
form_type: "8-K"
ticker: "ZBH"
cik: "0001136869"
company_name: "ZIMMER BIOMET HOLDINGS, INC."
filed_at: "2023-12-01T23:59:59+00:00"
generated_at: "2026-06-07T19:10:44.274773+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Zimmer Biomet issues $500M of 5.350% Notes due 2028

## Summary
- Issued $500M aggregate principal of 5.350% Notes due December 1, 2028; interest payable semi-annually.
- Notes redeemable prior to Nov 1, 2028 at Treasury Rate plus 20 bps plus accrued interest.
- Change of control triggers repurchase at 101% of principal plus accrued interest.
- Underwriting agreement with Barclays, Goldman Sachs, Mizuho, Morgan Stanley as underwriters.
- Notes issued under Ninth Supplemental Indenture with Computershare Trust as trustee.

## SEC filing metadata
- accession: 0001193125-23-287490
- form_type: 8-K
- ticker: ZBH
- cik: 0001136869
- company_name: ZIMMER BIOMET HOLDINGS, INC.
- filed_at: 2023-12-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1136869/000119312523287490/0001193125-23-287490-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1136869/000119312523287490/d939721d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-287490
- JSON: https://secwatch.observer/filing/0001193125-23-287490.json
- Plain text: https://secwatch.observer/filing/0001193125-23-287490.txt

## Key facts
- Debt Financings
  ZIMMER BIOMET HOLDINGS, INC. incurred senior notes of $500.0 million aggregate principal amount with Barclays Capital Inc., Goldman Sachs & Co. LLC, Mizuho Securities USA LLC and Morgan Stanley & Co. LLC at 5.350% per annum maturing December 1, 2028.
  - Instrument: senior notes
  - Principal: $500.0 million aggregate principal amount
  - Counterparty: Barclays Capital Inc., Goldman Sachs & Co. LLC, Mizuho Securities USA LLC and Morgan Stanley & Co. LLC
  - Rate: 5.350% per annum
  - Maturity: December 1, 2028
  - Event: incurrence
  source text: USA LLC and Morgan Stanley & Co. LLC, as representatives of the underwriters named therein (collectively, the “Underwriters”), in connection with the public offering of $500.0 million aggregate principal amount of the Company’s 5.350% Note due 2028 (the “Notes”). The issuance of the Notes was completed on December 1, 2023. The Underwriting Agreement contains
  evidence_url: https://www.sec.gov/Archives/edgar/data/1136869/000119312523287490/0001193125-23-287490-index.htm
- Material Agreements
  ZIMMER BIOMET HOLDINGS, INC. entered into Underwriting Agreement with Barclays Capital Inc., Goldman Sachs & Co. LLC, Mizuho Securities USA LLC and Morgan Stanley & Co. LLC valued at $500.0 million aggregate principal amount (effective 2023-11-28).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Barclays Capital Inc., Goldman Sachs & Co. LLC, Mizuho Securities USA LLC and Morgan Stanley & Co. LLC
  - Value: $500.0 million aggregate principal amount
  - Effective: 2023-11-28
  source text: On November 28, 2023, Zimmer Biomet Holdings, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Barclays Capital Inc., Goldman Sachs & Co. LLC, Mizuho Securities USA LLC and Morgan Stanley & Co. LLC, as representatives of the underwriters named therein (collectively, the “Underwriters”), in connection with the public offering of $500.0 million aggregate principal amount of the Company’s 5.350% Note due 2028 (the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1136869/000119312523287490/0001193125-23-287490-index.htm
- Material Agreements
  ZIMMER BIOMET HOLDINGS, INC. entered into Ninth Supplemental Indenture with Computershare Trust Company, N.A. (effective 2023-12-01).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Computershare Trust Company, N.A.
  - Effective: 2023-12-01
  source text: The Notes were issued pursuant to the Ninth Supplemental Indenture dated as of December 1, 2023 (the “Supplemental Indenture”), to the Company’s Indenture (the “Base Indenture”) dated as of November 17, 2009, between the Company and Computershare Trust Company, N.A., as successor to Wells Fargo Bank, National Association, as trustee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1136869/000119312523287490/0001193125-23-287490-index.htm

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