Flash FinanceUS
Market closed · weekend S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Cooper Companies (The) (COO)

Cooper Companies extends $950 million of term loans to 2031 under amended credit deal

Neutral Impact 3 of 5 financing Written later

Cooper Companies amended its 2021 term loan and 2024 revolving credit agreement on February 3, 2026, with PNC Bank as administrative agent. The changes extend the maturity of $950 million of term loans to February 3, 2031, and remove the credit spread adjustment across the facilities.

Key points

  • $950 million of term loans now mature February 3, 2031; $550 million keeps its existing maturity date
  • Incremental term loan cap raised to the greater of $1.365 billion and 100% of consolidated EBITDA
  • Pricing can now be based on non-credit enhanced senior unsecured debt ratings or the existing net indebtedness to EBITDA ratio, at the company's option
  • The 2024 revolving credit agreement amendment conforms its terms to the 2021 loan changes, including removing the credit spread adjustment

The filing

CompanyCooper Companies (The) (COO)
Form8-K, current report
Filed with the SECFeb 3, 2026, 9:58 PM ET
Accession number0001193125-26-036476

Items reported: 1.01 Material Definitive Agreement

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:12 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 February 03, 2026.

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.