secwatch.observer — SEC 8-K summary
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Issuer:     ZIMMER BIOMET HOLDINGS, INC. (ZBH)
CIK:        0001136869
Form:       8-K
Filed at:   2024-11-20T23:59:59+00:00
Accession:  0001193125-24-262540
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zimmer Biomet issues €700M of 3.518% notes due 2032
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- €700M aggregate principal, 3.518% annual interest, matures Dec 15, 2032.
- Interest payable annually on December 15, starting December 15, 2025.
- Before Sept 15, 2032, redeemable at greater of present value plus 20bps or par, plus accrued interest.
- On or after Sept 15, 2032, redeemable at 100% of principal plus accrued interest.
- Change of control triggers repurchase at 101% of principal plus accrued interest.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1136869/000119312524262540/0001193125-24-262540-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1136869/000119312524262540/d846153d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-262540

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