Company: BSX
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0000885725-25-000041
Chunk: 130

Company: BOSTON SCIENTIFIC CORP
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 8
Chunk 130
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.625%March 2031 Senior Notes(3)February 2025March 2031996 — 3.000%March 2032 Senior Notes(3)February 2024March 20321,464 1,299 3.500%March 2034 Senior Notes(3)March 2022March 2034586 519 1.875%March 2034 Senior Notes(3)February 2025March 2034762 — 3.250%November 2035 Senior Notes(2) November 2005November 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(83)(70)Finance Lease ObligationVarious126 126 Long-term debt$11,107 $8,968 (1) Coupon rates are semi-annual, except for the euro-denominated notes, which bear an annual coupon.(2) Corporate credit rating improvements will result in a decrease in the adjusted interest rate on our November 2035 Notes. The interest rate 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. The required credit rating was attained in the second quarter of 2025 and the interest rate will reset to the issuance rate in November 2025.(3) These notes are euro-denominated and presented in U.S. dollars based on the exchange rate in effect as of June 30, 2025 and December 31, 2024, respectively.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