secwatch.observer — SEC 8-K summary
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Issuer:     DENTSPLY SIRONA Inc. (XRAY)
CIK:        0000818479
Form:       8-K
Filed at:   2025-06-06T23:59:59+00:00
Accession:  0001193125-25-136361
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dentsply Sirona prices $550M 8.375% junior subordinated notes due 2055
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- $550M aggregate principal amount of 8.375% fixed-to-fixed reset rate junior subordinated notes due 2055.
- Net proceeds ~$544.5M; expected close June 12, 2025, subject to customary conditions.
- Interest fixed at 8.375% until Sep 12, 2030, then resets at 5yr UST + 4.379% with 8.375% floor.
- Proceeds to repay existing $435M term loan and other short-term debt; general corporate uses.
- Goldman Sachs sole book-runner; PNC, Commerz Markets, Truist, MUFG acting as co-managers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/818479/000119312525136361/0001193125-25-136361-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/818479/000119312525136361/d948692d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-136361

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