secwatch.observer — SEC 8-K summary
======================================

Issuer:     ZIMMER BIOMET HOLDINGS, INC. (ZBH)
CIK:        0001136869
Form:       8-K
Filed at:   2024-08-15T23:59:59+00:00
Accession:  0001193125-24-201328
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zimmer Biomet issues $700M of 5.200% notes due 2034
---------------------------------------------------

- Issued $700M aggregate principal of 5.200% notes maturing Sep 15, 2034.
- Interest at 5.200% payable semi-annually on Mar 15 and Sep 15, beginning Mar 15, 2025.
- Notes redeemable at par after Jun 15, 2034; prior to that at Treasury rate plus 20 bps.
- Upon Change of Control Repurchase Event, holders can require repurchase at 101% of principal plus accrued interest.
- Issued under shelf registration; trustee is Computershare Trust Company, N.A.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1136869/000119312524201328/0001193125-24-201328-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1136869/000119312524201328/d819738d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-201328

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