Deal Team

Finance

Insulet in certain amendments to its senior secured credit facilities

On December 1, 2022, Insulet Corporation announced that it had entered into the Second Amendment and Third Amendment to its senior secured credit agreement. The Second Amendment amended certain definitions and other provisions to replace LIBOR-based benchmark rates applicable to loans outstanding under the credit agreement with SOFR-based rates. The Third Amendment increased the revolving commitments thereunder by $30 million to an aggregate amount of $100 million.

Wachtell, Lipton, Rosen & Katz served as legal advisor to Insulet.