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CNMD · Current Report (Form 8-K) · Filed June 1, 2026

Conmed Corp — Current Report (Form 8-K)

Form
8-K
Filed
June 1, 2026
Period
May 27, 2026
Ticker
CNMD
Accession
0002077096-26-000190
Boardroom Alpha · Filing insights

CONMED expands its credit facility with a $450M Term A-2 loan to fund repurchase of the 2026 convertible notes.

About Conmed Corp
Market cap
$1.0B
1Y TSR
−33.6%
3Y TSR
−34.4%
Board grade
C-
Sector
Healthcare
CEO
Pat Beyer
Last annual meeting: May 18, 2026 · View full Conmed Corp profile →

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

 

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15 (d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): May 27, 2026

 

CONMED CORPORATION

(Exact name of registrant as specified in its charter)

 

Delaware   001-39218   16-0977505
(State or other jurisdiction of
incorporation or organization)
  (Commission File Number)  

(I.R.S. Employer

Identification No.)

 

11311 Concept Blvd

Largo, FL

  33773
(Address of principal executive offices)   (Zip code)

 

(727) 392-6464

(Registrant’s telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions (See General Instruction A.2 below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Rule 12(b) of the Act

 

Title of each class   Trading Symbol   Name of each exchange on which registered
Common Stock, $0.01 par value   CNMD   NYSE

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

Item 1.01 Entry into a Material Definitive Agreement.

 

On May 27, 2026, CONMED Corporation, a Delaware corporation (“CONMED”) entered into the First Omnibus Amendment and Increased Facility Activation Notice (the “First Amendment”), among CONMED and its subsidiary Linvatec Nederland B.V., a Netherlands private limited company (besloten vennootschap), as borrowers; certain of CONMED’s other subsidiaries, as guarantors; the several banks and other financial institutions party thereto, as lenders; and JPMorgan Chase Bank, N.A., as administrative agent (the “Administrative Agent”). The First Amendment amends (i) the Eighth Amended and Restated Credit Agreement, dated as of June 10, 2025 (the “Base Credit Agreement” and, as amended by the First Amendment, the “Credit Agreement” ), among CONMED, the Foreign Subsidiary Borrowers (as defined therein) from time to time parties thereto, the several banks and other financial institutions or entities from time to time parties thereto, and the Administrative Agent and (ii) the Amended and Restated Guarantee and Collateral Agreement, dated as of June 10, 2025 (the “Base Guarantee and Collateral Agreement” and, as amended by the First Amendment, the “Guarantee and Collateral Agreement”) by CONMED and the other subsidiaries party thereto, in favor of the Administrative Agent. The Base Credit Agreement and the Base Guarantee and Collateral Agreement were filed as Exhibits 10.1 and 10.2, respectively, to CONMED’s Current Report on Form 8-K filed with the Securities and Exchange Commission on June 16, 2025.

 

CONMED entered into the First Amendment to, among other things, obtain commitments for incremental senior secured delayed draw term “a” loans available in U.S. dollars to CONMED in an aggregate principal amount equal to $450 million (the “Term A-2 Loan Facility”), which is available to be borrowed in a single drawing on or prior to June 14, 2026. The Term A-2 Loan Facility matures on June 10, 2030, the same maturity date as the existing revolving and term loan facilities under the Base Credit Agreement. The proceeds of the Term A-2 Loan Facility will be available to repurchase a portion of CONMED’s outstanding 2.25% Convertible Senior Notes due 2026, and to pay fees and expenses incurred in connection with any such repurchase and the First Amendment.

 

The interest rate margins applicable to loans under the Term A-2 Loan Facility shall be based on an adjusted term secured overnight financing rate (“SOFR”) plus a margin ranging from 1.125% to 2.25% per annum, or a base rate plus a margin ranging from 0.125% to 1.25% per annum, in each case based on the consolidated senior secured leverage ratio of CONMED. Prior to the first adjustment date to occur with respect to the fiscal quarter ending September 30, 2026, the margins for loans under the Term A-2 Loan Facility will be 1.75% per annum for adjusted term SOFR borrowings, or 0.75% per annum for base rate borrowings.

 

Obligations in respect of the Term A-2 Loan Facility are secured by the same assets and rights of CONMED and certain of its subsidiaries that secure the other obligations under the Credit Agreement and related documents, and are guaranteed by the same subsidiaries of CONMED that guarantee the other obligations under the Credit Agreement and related documents.

 

The foregoing description of the First Amendment does not purport to be complete and is subject to, and qualified in its entirety by reference to, the complete text of the First Amendment, a copy of which is filed as Exhibit 10.1 hereto and is incorporated herein by reference.

 

 1

 

Item 2.03 Creation of a Direct Financial Obligations or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

 

The description of the First Amendment set forth in Item 1.01 of this Current Report on Form 8-K is hereby incorporated by reference under this Item 2.03.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

The following exhibits are included herewith:

 

Exhibit
Number
  Description
10.1   First Omnibus Amendment and Increased Facility Activation Notice, dated as of May 27, 2026, among CONMED Corporation, Linvatec Nederland B.V., a Netherlands private limited company (besloten vennootschap), certain other subsidiaries of CONMED Corporation party thereto, the several banks and other financial institutions party thereto party thereto, and JPMorgan Chase Bank, N.A., as administrative agent.
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 2

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

  CONMED CORPORATION
  (Registrant)
   
  By: /s/ Patrick Beyer
    Name:  Patrick Beyer
    Title: President and Chief Executive Officer and
    Interim Principal Financial Officer
   
Date: June 1, 2026  

 

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Reference

Frequently asked questions

When did Conmed Corp file this 8-K?
Conmed Corp (CNMD) filed this Current Report (Form 8-K) with the SEC on June 1, 2026. The accession number assigned by EDGAR is 0002077096-26-000190.
What does an 8-K disclose?
Form 8-K is the SEC's current-report form, used to disclose material events between periodic reports (10-K / 10-Q). Triggers include CEO/CFO departures, acquisitions, bankruptcies, earnings releases, auditor changes, changes in fiscal year, and amendments to corporate governance. Each 8-K is keyed to one or more Item numbers (1.01 through 9.01).
What is the key takeaway from this filing?
CONMED expands its credit facility with a $450M Term A-2 loan to fund repurchase of the 2026 convertible notes. This is Boardroom Alpha's one-line summary of the current report; see the full filing text above for the formal disclosure.
What Item codes does an 8-K cover?
An 8-K's Item codes (1.01 through 9.01) specify what kind of event is being disclosed — e.g. Item 1.01 for entering a material agreement, Item 5.02 for departure/election of directors and executive officers, Item 8.01 for other events. The Item codes for this 8-K appear in the filing text above.
Where can I find Conmed Corp's prior current reports on EDGAR?
The SEC EDGAR browser lists every 8-K Conmed Corp has filed under CIK 816956, sortable by date. Use the "View on SEC EDGAR" link in the page header, or browse directly via https://www.sec.gov/cgi-bin/browse-edgar.
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