Insulet Refinances USD 475 Mln Term Loans With Lower-Margin Facility
Insulet Corp. refinanced USD 475 million of existing term loans with new term loans at par, cutting margins by 0.25 percentage point. The company also increased revolving credit commitments by USD 250 million to USD 750 million. New term-loan pricing is set at 0.75% over base rate or 1.75% over term SOFR, with a 0% SOFR floor.
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09:08:48 PM UTC
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Sept 22 (Reuters) — Insulet Corporation: Insulet Corporation - Enters Ninth Amendment To Credit Agreement On Sept 21, 2026 - Sec Filing Insulet Corporation - Replaces $475 Million In Term Loans With New Term Loans - Sec Filing Insulet Corporation - New Term Loans Have 0.75% Base Rate, 1.75% Sofr Rate Margin - Sec Filing Insulet Corporation - New Term Loans Interest Rate Margin 0.25% Lower Than Existing Term Loans - Sec Filing Insulet Corporation - Increases Revolving Credit Commitments By $250 Million - Sec Filing Further company coverage: PODD.O (Reuters.Briefs@thomsonreuters.com;)