Artivion amends credit agreement, extends maturity to 2031, adds $150.0 million loan facility
Artivion entered into a Second Amendment to its Credit and Guaranty Agreement on September 12, 2025, with Ares Capital Corporation as administrative agent. The amendment extends the maturity of its existing term loans and revolving credit facility by one year to January 18, 2031, lowers the interest rate margins on those facilities, and adds a new $150.0 million secured delayed draw term loan. For shareholders, the filing shows added borrowing capacity and a longer repayment timeline, but also a new direct financial obligation tied to the company's debt.
Key points
- Maturity of existing term loans and revolving credit facility extended one year to January 18, 2031
- New $150.0 million secured delayed draw term loan available to borrow on or before September 12, 2027, subject to a maximum total net leverage ratio
- Proceeds may fund permitted acquisitions, other permitted investments and capital expenditures
- Prepayment premium of 1.00% applies to term loan prepayments made before July 18, 2027
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 15, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.