secwatch.observer — SEC 8-K summary
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Issuer:     CONMED Corp (CNMD)
CIK:        0000816956
Form:       8-K
Filed at:   2026-06-01T12:31:19+00:00
Accession:  0002077096-26-000190
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CONMED secures $450M incremental term loan facility to repurchase convertible notes due 2026
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- Aggregate $450M in incremental delayed draw term A-2 loans available for single draw on or before June 14, 2026.
- Proceeds to repurchase a portion of CONMED's outstanding 2.25% Convertible Senior Notes due 2026 and pay fees.
- Term A-2 Facility matures June 10, 2030; interest rate SOFR + 1.125%-2.25% (initial 1.75% for SOFR).
- Amends existing Credit Agreement and Guarantee and Collateral Agreement; lenders include JPMorgan, PNC, Goldman Sachs, BofA, Wells Fargo, DNB, Capital One, Hancock Whitney.
- Facility is secured by same assets and guaranteed by same subsidiaries as existing credit obligations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/816956/000207709626000190/0002077096-26-000190-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/816956/000207709626000190/ea0292464-8k_conmed.htm
  HTML page:      https://secwatch.observer/filing/0002077096-26-000190

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