debt
confidence high
sentiment neutral
materiality 0.60
Zimmer Biomet issues CHF 600M in two tranches of senior unsecured bonds due 2030 and 2035
ZIMMER BIOMET HOLDINGS, INC.
- CHF 210M 0.930% bonds due Sept 4, 2030 (Tranche A) and CHF 390M 1.560% bonds due Sept 4, 2035 (Tranche B) issued.
- Interest payable annually in arrears starting Sept 4, 2026; bonds are senior unsecured.
- Redemption provisions include 3-months par call and clean-up call; holders can require repurchase upon a Change of Control Triggering Event.
- Issued under bond purchase and paying agency agreement dated Sept 2, 2025 with joint lead managers.
- Proceeds not stated; bonds denominated in Swiss francs and governed by the BPPAA.