{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-137882","form_type":"8-K","ticker":"PODD","cik":"0001145197","company_name":"INSULET CORP","filed_at":"2025-06-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.649803+00:00","generated_at":"2026-05-19T16:47:03.304215+00:00","sec_items":["1.01","1.02","2.03","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Insulet refinances $481.25M term loan at lower rate, redeems 0.375% convertible notes due 2026","bullets":["Refinanced $481.25M term loans with new term loans at 0.50% lower interest rate margin (2.00% for Term SOFR loans).","Reduced interest rate margin on revolving credit facility from 2.00%-2.50% to 1.50%-2.00% for Term SOFR loans.","Notice to redeem all outstanding 0.375% Convertible Senior Notes due 2026 on Aug 20, 2025 at 100% principal plus accrued interest.","Terminated capped call transactions associated with the notes; expects hedge unwind activity including stock sales."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-137882","json":"https://secwatch.observer/filing/0001193125-25-137882.json","markdown":"https://secwatch.observer/filing/0001193125-25-137882.md","text":"https://secwatch.observer/filing/0001193125-25-137882.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1145197/000119312525137882/0001193125-25-137882-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1145197/000119312525137882/d933015d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T16:47:03.304215+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8c1771f4068ed9f50e756893ab9b87beac186e6f","claim":"INSULET CORP incurred credit facility of $481,250,000 with Morgan Stanley Senior Funding, Inc. at 1.00%, in the case of base rate loans, and 2.00%, in the case of term SOFR loans.","evidence_excerpt":"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 $481,250,000 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","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1145197/000119312525137882/0001193125-25-137882-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$481,250,000"},{"label":"Counterparty","value":"Morgan Stanley Senior Funding, Inc."},{"label":"Rate","value":"1.00%, in the case of base rate loans, and 2.00%, in the case of term SOFR loans"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}