---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-220656"
form_type: "8-K"
ticker: "COHR"
cik: "0000820318"
company_name: "COHERENT CORP."
filed_at: "2025-09-26T23:59:59+00:00"
generated_at: "2026-05-17T05:38:05.952385+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Coherent refinances debt: $700M revolver, $1.25B term A, $1.08B term B-3 loans

## Summary
- Amendment No. 4 adds $700M revolving facility and $1.25B term A loans; proceeds repay existing term A loans and partially prepay term B-2 loans.
- Amendment No. 5 replaces remaining term B-2 loans with $1.08B term B-3 loans; interest margin 1.75% (term benchmark) with 0.50% floor.
- New revolver and term A loans mature September 2030; term B-3 loans mature unchanged from prior term B-2 maturity.
- Financial covenant reset: maximum total net leverage ratio 4.25x (temporary step-up to 4.75x post-acquisition); interest coverage minimum 2.50x.
- Use of proceeds: repay existing term A loans, voluntary prepay term B-2 loans; remainder for working capital and general corporate purposes.

## SEC filing metadata
- accession: 0001193125-25-220656
- form_type: 8-K
- ticker: COHR
- cik: 0000820318
- company_name: COHERENT CORP.
- filed_at: 2025-09-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/820318/000119312525220656/0001193125-25-220656-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/820318/000119312525220656/d854664d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-220656
- JSON: https://secwatch.observer/filing/0001193125-25-220656.json
- Plain text: https://secwatch.observer/filing/0001193125-25-220656.txt

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