Company: BSX
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000885725-25-000011
Chunk: 160

Company: BOSTON SCIENTIFIC CORP
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 160
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2035350 350 6.500%March 2039 Senior NotesFebruary 2019March 2039450 450 4.550%January 2040 Senior NotesDecember 2009January 2040300 300 7.375%March 2049 Senior NotesFebruary 2019March 2049650 650 4.700%Unamortized Debt Issuance Discount and Deferred Financing Costs2025 - 2049(70)(65)Finance Lease ObligationVarious126 5 Long-term debt $8,968 $8,571 (1) Coupon rates are semi-annual, except for the euro-denominated notes, which bear an annual coupon.(2) Corporate credit rating improvements may result in a decrease in the adjusted interest rate on our November 2035 Notes to the extent that our lowest credit rating is above BBB- or Baa3. The interest rates on our November 2035 Notes will be permanently reinstated to the issuance rate of 6.25% if the lowest credit ratings assigned to these senior notes is either A- or A3 or higher. (3) These notes are euro-denominated and presented in U.S. dollars based on the exchange rate in effect as of December 31, 2024 and 2023, respectively.Contractual maturities of our Senior Notes classified as long-term debt as of December 31, 2024 are as follows (in millions):Fiscal Year2026255 2027935 20281,123 20291,051 Thereafter5,547 Revolving Credit Facility On May 10, 2021, we entered into a $2.750 billion revolving credit facility (as amended, supplemented or otherwise modified from time to time, the 2021 Revolving Credit Facility) with a global syndicate of commercial banks. On May 10, 2024, we entered into a third amendment to the 2021 Revolving Credit Facility credit agreement, which provided for, among other things, an extension of the scheduled maturity date to May 10, 2029, an amendment of the Ratings based pricing grid of the Applicable Margin, each as defined in the credit agreement, and reset the applicable date for purposes of determining the amounts of 

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restructuring charges and restructuring-related expenses that may be excluded from consolidated Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA), as defined by the credit agreement, for