---
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"
generated_at: "2026-05-19T16:47:03.304215+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Insulet refinances $481.25M term loan at lower rate, redeems 0.375% convertible notes due 2026

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-137882
- JSON: https://secwatch.observer/filing/0001193125-25-137882.json
- Plain text: https://secwatch.observer/filing/0001193125-25-137882.txt

## Key facts
- Debt Financings
  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.
  - Instrument: credit facility
  - Principal: $481,250,000
  - Counterparty: Morgan Stanley Senior Funding, Inc.
  - Rate: 1.00%, in the case of base rate loans, and 2.00%, in the case of term SOFR loans
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1145197/000119312525137882/0001193125-25-137882-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.