secwatch.observer — SEC 8-K summary
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Issuer:     STRYKER CORP (SYK)
CIK:        0000310764
Form:       8-K
Filed at:   2023-12-11T23:59:59+00:00
Accession:  0001193125-23-292590
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/310764/000119312523292590/0001193125-23-292590-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/310764/000119312523292590/d18061d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-292590

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer