---
schema_version: "secwatch.filing_event.v1"
accession: "0001639691-24-000034"
form_type: "8-K"
ticker: "LIVN"
cik: "0001639691"
company_name: "LivaNova PLC"
filed_at: "2024-03-08T23:59:59+00:00"
generated_at: "2026-06-05T00:33:52.156892+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# LivaNova issues $345M convertible notes, repurchases $230M of existing debt

## Summary
- Issued $345M aggregate principal of 2.50% convertible senior notes due 2029
- Repurchased $230M of existing 3.00% Cash Exchangeable Senior Notes for ~$270.5M
- Entered into capped call transactions covering shares underlying the notes
- Amended credit agreement, increasing revolving facility from $125M to $225M

## SEC filing metadata
- accession: 0001639691-24-000034
- form_type: 8-K
- ticker: LIVN
- cik: 0001639691
- company_name: LivaNova PLC
- filed_at: 2024-03-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1639691/000163969124000034/0001639691-24-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1639691/000163969124000034/livn-20240308.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001639691-24-000034
- JSON: https://secwatch.observer/filing/0001639691-24-000034.json
- Plain text: https://secwatch.observer/filing/0001639691-24-000034.txt

## Key facts
- Debt Financings
  LivaNova PLC incurred convertible notes of $345 million with Citibank, N.A. at 2.50% per year maturing March 15, 2029.
  - Instrument: convertible notes
  - Principal: $345 million
  - Counterparty: Citibank, N.A.
  - Rate: 2.50% per year
  - Maturity: March 15, 2029
  - Event: incurrence
  source text: On March 8, 2024, LivaNova PLC (“LivaNova”) issued $345 million aggregate principal amount of its 2.50% convertible senior notes due 2029 (the “Notes”), including $45 million aggregate principal amount issued pursuant to the exercise in full of the initial purchasers’ option to purchase additional Notes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1639691/000163969124000034/0001639691-24-000034-index.htm
- Material Agreements
  LivaNova PLC entered into Indenture with Citibank, N.A., as trustee valued at $345 million aggregate principal amount (effective 2024-03-08).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Citibank, N.A., as trustee
  - Value: $345 million aggregate principal amount
  - Effective: 2024-03-08
  source text: On March 8, 2024, LivaNova PLC (“LivaNova”) issued $345 million aggregate principal amount of its 2.50% convertible senior notes due 2029 (the “Notes”), including $45 million aggregate principal amount issued pursuant to the exercise in full of the initial purchasers’ option to purchase additional Notes. The Notes were issued pursuant to an indenture, dated as of March 8 , 2024 (the “Indenture”), between LivaNova and Citibank, N.A., as trustee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1639691/000163969124000034/0001639691-24-000034-index.htm

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