Dentsply Sirona Amends Credit and Note Agreements to Modify Debt Definitions and Covenant Terms
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Dentsply Sirona Inc. has amended its corporate loan and financing agreements, obtaining lender consent for a Second Amendment to its revolving credit facility with JPMorgan Chase Bank. The amendments modify the definition of "Debt" to exclude swap obligations from leverage ratio calculations and include interest rate adjustments based on leverage thresholds. These changes aim to help the company maintain compliance with its debt covenants.
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