---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-292590"
form_type: "8-K"
ticker: "SYK"
cik: "0000310764"
company_name: "STRYKER CORP"
filed_at: "2023-12-11T23:59:59+00:00"
generated_at: "2026-06-07T15:15:23.232759+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Stryker completes €600M offering of 3.375% Notes due 2028

## Summary
- Issued €600M aggregate principal of 3.375% Notes due December 11, 2028.
- Net proceeds of ~€597M ($649M); intended for general corporate purposes.
- Make-whole redemption available prior to Sept 11, 2028; tax redemption at par plus accrued.
- Change-of-control with rating downgrade triggers offer at 101% of principal plus accrued interest.
- Underwriters: Barclays, Goldman Sachs, Mizuho, Wells Fargo.

## SEC filing metadata
- accession: 0001193125-23-292590
- form_type: 8-K
- ticker: SYK
- cik: 0000310764
- company_name: STRYKER CORP
- filed_at: 2023-12-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/310764/000119312523292590/0001193125-23-292590-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/310764/000119312523292590/d18061d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-292590
- JSON: https://secwatch.observer/filing/0001193125-23-292590.json
- Plain text: https://secwatch.observer/filing/0001193125-23-292590.txt

## Key facts
- Debt Financings
  STRYKER CORP incurred senior notes of €600,000,000 aggregate principal amount with Barclays Bank PLC, Goldman Sachs & Co. LLC, Mizuho International plc and Wells Fargo Securities International Limited, as representatives of the underwriters at 3.375% per year maturing December 11, 2028.
  - Instrument: senior notes
  - Principal: €600,000,000 aggregate principal amount
  - Counterparty: Barclays Bank PLC, Goldman Sachs & Co. LLC, Mizuho International plc and Wells Fargo Securities International Limited, as representatives of the underwriters
  - Rate: 3.375% per year
  - Maturity: December 11, 2028
  - Event: incurrence
  source text: completed a public offering (the “Offering”) of €600,000,000 aggregate principal amount of the Company’s 3.375% Notes due 2028
  evidence_url: https://www.sec.gov/Archives/edgar/data/310764/000119312523292590/0001193125-23-292590-index.htm

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