← ZIMMER BIOMET HOLDINGS, INC.

FIVE-YEAR REVOLVING CREDIT AGREEMENT

When the limit steps, and which way the company's ratio has been moving.

20264.75x3.67x2.58xToday

Signed Jun 26, 2026

Committed
$1.5bn
Matures
Jun 2031
Agent
JPMORGAN CHASE BANK, N.A.
TrancheSizeMaturesMargin
Revolving credit facility$1.5bnJun 203180–130 bps

Priced over Term SOFR, floor 0 bps (Revolving credit facility).

LevelConditionMarginUnused fee
Level Category 1A-/A3 or higher80 bps8 bps
Level Category 2BBB+/Baa191 bps9 bps
Level Category 3BBB/Baa2102 bps11 bps
Level Category 4BBB-/Baa3110 bps15 bps
Level Category 5BB+/Ba1 or lower130 bps20 bps

Lenders: JPMORGAN CHASE BANK, N.A., CITIBANK, N.A., MIZUHO BANK, LTD., BOFA SECURITIES, INC., BARCLAYS BANK PLC, BNP PARIBAS SECURITIES CORP., DNB CARNEGIE, INC., GOLDMAN SACHS BANK USA, HSBC SECURITIES (USA) INC., MORGAN STANLEY MUFG LOAN PARTNERS, LLC, RBC CAPITAL MARKETS1, SUMITOMO MITSUI BANKING CORPORATION

Tested quarterly32.0%ratio 3.06x, estimated, vs 4.50x limit in force at Jun 30, 20264.50x
Permit the Consolidated Leverage Ratio as at the last day of any period of four consecutive fiscal quarters of the Borrower (each such period, a “Test Period”) to exceed 4.50 to 1.00;
Read the filing on sec.gov ↗

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