Insulet in the refinancing of its $485 million term loan facility and the repricing of its $300 million revolving credit facility

On August 2, 2024, Insulet Corporation (the “Company”) entered into a Sixth Amendment to its credit agreement, among the Company, the lenders and other parties thereto and Morgan Stanley Senior Funding, Inc., as administrative agent, amending that certain Credit Agreement, dated as of May 4, 2021, by and among the Company, the lenders and other parties thereto and the Agent. The Sixth Amendment (i) reduced the applicable interest rate margin applicable to the Company’s $485 million term loan facility (the “Term Loan Facility”) by 0.50% per annum, (ii) extended the maturity date of the Term Loan Facility by approximately 3.25 years to August 2, 2031 and (iii) reduced the range of interest rate margins applicable to the $300 million revolving credit facility by 0.50% per annum.

Wachtell, Lipton, Rosen & Katz is serving as legal counsel to Insulet