---
schema_version: "secwatch.filing_event.v1"
accession: "0001613103-21-000065"
form_type: "8-K"
ticker: "MDT"
cik: "0001613103"
company_name: "Medtronic plc"
filed_at: "2021-12-14T23:59:59+00:00"
generated_at: "2026-06-28T01:18:38.181473+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Medtronic amends credit facility extending maturity to Dec 2026 and reducing borrowing costs

## Summary
- Extended credit facility maturity from Dec 12, 2025 to Dec 12, 2026; removed cap on future extensions.
- Reduced interest rate margins to 0.50%-1.00% over LIBOR and commitment fee to 0.045%-0.090% per annum.
- Replaced LIBOR benchmarks for GBP, JPY, and EUR with successor rates due to LIBOR cessation.
- Shareholders approved 2021 Long Term Incentive Plan and authorized overseas share repurchases.
- All 10 directors re-elected; say-on-pay passed with 90.3% support; auditor ratified.

## SEC filing metadata
- accession: 0001613103-21-000065
- form_type: 8-K
- ticker: MDT
- cik: 0001613103
- company_name: Medtronic plc
- filed_at: 2021-12-14T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1613103/000161310321000065/0001613103-21-000065-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1613103/000161310321000065/mdt-20211209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001613103-21-000065
- JSON: https://secwatch.observer/filing/0001613103-21-000065.json
- Plain text: https://secwatch.observer/filing/0001613103-21-000065.txt

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