ZIMMER BIOMET HOLDINGS, INC. (ZBH): debt financing — Zimmer Biomet enters $1.5B five-year and $1.0B 364-day revolving credit facilities

ZIMMER BIOMET HOLDINGS, INC.

Entered $1.5B five-year unsecured revolver maturing June 27, 2030, with two one-year extension options.
Also entered $1.0B 364-day unsecured revolver maturing June 26, 2026.
Borrowed $50M under the five-year facility to replace portion of prior borrowings; terminated 2024 credit agreements.
Prior 2024 agreements had ~$50.7M outstanding; $50M refinanced, $0.7M repaid from cash.
Facilities include incremental feature up to $500M and letter of credit sublimit of $50M.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

ZIMMER BIOMET HOLDINGS, INC. incurred revolving credit of $1.0 billion with JPMorgan Chase Bank, N.A. at floating rates based upon either an adjusted Term SOFR for the applicable intere maturing June 26, 2026.

Instrument: revolving credit
Principal: $1.0 billion
Counterparty: JPMorgan Chase Bank, N.A.
Rate: floating rates based upon either an adjusted Term SOFR for the applicable intere
Maturity: June 26, 2026
Event: incurrence

Exact text from the filing

The 364-Day Revolving Credit Agreement, dated as of June 27, 2025, among the Company, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent (the “364-Day Credit Agreement”), is an unsecured revolving credit facility in the principal amount of $1.0 billion (the “364-Day Revolving Facility”).

View on SEC.gov

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

ZIMMER BIOMET HOLDINGS, INC. incurred revolving credit of $1.5 billion with JPMorgan Chase Bank, N.A. at floating rates based upon either an adjusted Term SOFR for the applicable intere maturing June 27, 2030.

Instrument: revolving credit
Principal: $1.5 billion
Counterparty: JPMorgan Chase Bank, N.A.
Rate: floating rates based upon either an adjusted Term SOFR for the applicable intere
Maturity: June 27, 2030
Event: incurrence

Exact text from the filing

the Company, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent (the “Five-Year Credit Agreement”), is a five-year unsecured revolving facility of $1.5 billion (the “Five-Year Revolving Facility”). The Five-Year Credit Agreement will mature on June 27, 2030, with two one-year extensions exercisable at the Company’s discretion and

View on SEC.gov

102 debt financings filed in the last 30 days. Browse all debt financings →

ZIMMER BIOMET HOLDINGS, INC. filing history →

Source: SEC EDGAR

accession 0001193125-25-152694

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