---
schema_version: "secwatch.filing_event.v1"
accession: "0001688757-25-000062"
form_type: "8-K"
ticker: "ESTA"
cik: "0001688757"
company_name: "ESTABLISHMENT LABS HOLDINGS INC."
filed_at: "2025-10-03T23:59:59+00:00"
generated_at: "2026-05-17T04:47:30.414611+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Establishment Labs amends credit agreement, draws $25M Tranche D term loans

## Summary
- Fourth Amendment allows immediate availability of $25M Tranche D Term Loans, waiving revenue milestone.
- Minimum liquidity requirement increased from $25M to $30M effective Sept 28, 2025.
- Company fully drew $25M Tranche D Term Loans on Sept 29, 2025.
- Amendment with Oaktree and other lenders to existing Credit Agreement.

## SEC filing metadata
- accession: 0001688757-25-000062
- form_type: 8-K
- ticker: ESTA
- cik: 0001688757
- company_name: ESTABLISHMENT LABS HOLDINGS INC.
- filed_at: 2025-10-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1688757/000168875725000062/0001688757-25-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1688757/000168875725000062/esta-20250929.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001688757-25-000062
- JSON: https://secwatch.observer/filing/0001688757-25-000062.json
- Plain text: https://secwatch.observer/filing/0001688757-25-000062.txt

## Key facts
- Debt Financings
  ESTABLISHMENT LABS HOLDINGS INC. incurred term loan of $25,000,000 with Oaktree Fund Administration, LLC.
  - Instrument: term loan
  - Principal: $25,000,000
  - Counterparty: Oaktree Fund Administration, LLC
  - Event: incurrence
  source text: On September 29, 2025, the Company fully borrowed the Tranche D Term Loans available under the Agreement in an amount equal to $25,000,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1688757/000168875725000062/0001688757-25-000062-index.htm

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