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8-K filed January 25, 2024, 6:59 PM ET ticker PODD CIK 0001145197
debt confidence high sentiment positive materiality 0.45

INSULET CORP (PODD): debt financing — Insulet refinances $487.5M term loans, reduces interest rate margins by 25 bps

INSULET CORP

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.98

INSULET CORP amended credit facility of $487,500,000 term loans outstanding replaced with equal amount of new term loans with Morgan Stanley Senior Funding, Inc. at interest rate margin reduced from 2.25% to 2.00% for base rate loans and from 3. maturing maturity unchanged.

Instrument
credit facility
Principal
$487,500,000 term loans outstanding replaced with equal amount of new term loans
Counterparty
Morgan Stanley Senior Funding, Inc.
Rate
interest rate margin reduced from 2.25% to 2.00% for base rate loans and from 3.
Maturity
maturity unchanged
Event
amendment
Exact text from the filing
and as amended by the Amendment, the “ Amended Credit Agreement ”), by and among the Company, the lenders and other parties thereto and the Agent. Pursuant to the Amendment, the $487,500,000.00 in aggregate principal amount of term loans outstanding under the Credit Agreement (the “ Existing Term Loans ”) were replaced with an equal amount of new term loans (the “ New
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

INSULET CORP amended Fifth Amendment to Credit Agreement with Morgan Stanley Senior Funding, Inc., as administrative agent, and the lenders and other parties thereto valued at $487,500,000.00 (effective 2024-01-24).

Action
amendment
Agreement
credit facility
Counterparty
Morgan Stanley Senior Funding, Inc., as administrative agent, and the lenders and other parties thereto
Value
$487,500,000.00
Effective
2024-01-24
Exact text from the filing
On January 24, 2024, Insulet Corporation (the " Company ") entered into the Fifth Amendment to Credit Agreement (the " Amendment ") with the lenders and other parties thereto and Morgan Stanley Senior Funding, Inc., as administrative agent
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283 debt financings filed in the last 30 days. Browse all debt financings →

INSULET CORP filing history →

Source: SEC EDGAR
accession 0001193125-24-014842
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