{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-152694","form_type":"8-K","ticker":"ZBH","cik":"0001136869","company_name":"ZIMMER BIOMET HOLDINGS, INC.","filed_at":"2025-06-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.624541+00:00","generated_at":"2026-05-18T12:15:36.594127+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Zimmer Biomet enters $1.5B five-year and $1.0B 364-day revolving credit facilities","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-152694","json":"https://secwatch.observer/filing/0001193125-25-152694.json","markdown":"https://secwatch.observer/filing/0001193125-25-152694.md","text":"https://secwatch.observer/filing/0001193125-25-152694.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1136869/000119312525152694/0001193125-25-152694-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1136869/000119312525152694/d18761d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T12:15:36.594127+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":"d1354c6654bb124c038302266ba9c98d5dbe7e00","claim":"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.","evidence_excerpt":"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”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1136869/000119312525152694/0001193125-25-152694-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$1.0 billion"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A."},{"label":"Rate","value":"floating rates based upon either an adjusted Term SOFR for the applicable intere"},{"label":"Maturity","value":"June 26, 2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"db3a5e8323f273e95dd4014135542c21771efa2e","claim":"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.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1136869/000119312525152694/0001193125-25-152694-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$1.5 billion"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A."},{"label":"Rate","value":"floating rates based upon either an adjusted Term SOFR for the applicable intere"},{"label":"Maturity","value":"June 27, 2030"},{"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"}