Short answer
Alkermes plc. (ALKS) filed an 8-K current report with the SEC on August 12, 2026 reporting Item 1.01 (Entry into a Material Definitive Agreement). $1.52B outstanding senior secured term loans: $745.3M TLA and $773.1M TLB.
Alkermes plc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 1.01 · Entry into a Material Definitive Agreement
- $1.52B outstanding senior secured term loans: $745.3M TLA and $773.1M TLB
- Interest spreads reduced 0.75% on TLA and 0.50% on TLB, lowering borrowing costs
- TLA pricing now Term SOFR plus 1.75%-2.25%, based on secured net leverage ratio
- TLB pricing now Term SOFR plus 2.25%, or Alternate Base Rate plus 1.25%
- Maturities remain February 12, 2031 for TLA and August 12, 2031 for TLB
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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