secwatch.observer — SEC 8-K summary
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Issuer:     DENTSPLY SIRONA Inc. (XRAY)
CIK:        0000818479
Form:       8-K
Filed at:   2025-06-12T23:59:59+00:00
Accession:  0001193125-25-140055
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dentsply Sirona issues $550M of 8.375% junior subordinated notes due 2055, repays $435M bridge loan
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- Issued $550M aggregate principal of 8.375% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due September 12, 2055.
- Interest rate: 8.375% through September 12, 2030, then resets to 5-year UST rate + 4.379% with an 8.375% floor.
- Used proceeds to repay in full the outstanding $435M 364-day bridge loan facility, terminating it with no penalties.
- Notes redeemable at par during 90 days before first reset date and on interest payment dates after first reset.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/818479/000119312525140055/0001193125-25-140055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/818479/000119312525140055/d16994d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-140055

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