On June 12, 2025, Dentsply Sirona Inc. announced the issuance of $550 million in aggregate principal amount of 8.375% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2055. This issuance was part of the company's Registration Statement on Form S-3ASR, dated March 31, 2025. The Notes were issued under an Indenture agreement with Computershare Trust Company, National Association, acting as trustee. The proceeds from this offering were used to fully repay the outstanding principal and accrued interest on Dentsply Sirona's existing $435 million Bridge Loan Facility, which has now been terminated. This strategic financial move allows the company to streamline its financial obligations without incurring any early termination penalties or prepayment premiums.
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