Masimo Secures $1 Billion Unsecured Credit Facility Led by Bank of America

Masimo Corporation has entered into a new credit agreement with a syndicate of financial institutions, replacing its previous credit facility. The new Credit Facility, effective December 1, 2025, provides for an unsecured term loan of $250 million and $750 million in unsecured revolving commitments, with an option to increase the borrowing capacity by an additional $400 million under certain conditions. Bank of America, N.A. serves as the administrative agent, with several other major banks acting as joint lead arrangers and co-syndication agents. The proceeds from this financing were used to pay off Masimo’s previous credit agreement and cover related fees, with future borrowings intended for general corporate purposes, capital investment, and working capital needs. The facility also includes a $50 million sublimit for letters of credit, and all outstanding principal is due by December 1, 2030. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Masimo Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000937556-25-000171), on December 01, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here