Insulet refinances $475M term loans, expands revolver to $750M
Insulet entered a Ninth Amendment to its Credit Agreement to refinance $475 million of term loans and increase revolving commitments to $750 million. The new term loans feature margins of 0.75% for base rate and 1.75% for term SOFR, a 25 bps reduction, and a 0.00% SOFR floor.
Insulet entered into a Ninth Amendment to its Credit Agreement to refinance $475 million of term loans and raise revolving commitments to $750 million. 00% SOFR floor.