May 23, 2018 9:22 PM ET

Healthcare Equipment and Supplies

Company Overview of Zimmer Biomet G.K.

Company Overview

Zimmer Biomet G.K. engages in the design, development, manufacture, and marketing of reconstructive orthopaedic implants. The company was founded in 1975 and is based in Tokyo, Japan. Zimmer Biomet G.K. operates as a subsidiary of Zimmer Biomet Holdings, Inc.

Sumitomo Fudosan Shibakoen Tower 15th Floor 2

chome Shibakoen chome Minato ku

Tokyo,  105-0011

Japan

Founded in 1975

Phone:

81 3 6402 6600

Fax:

81 3 6402 6620

Key Executives for Zimmer Biomet G.K.

Zimmer Biomet G.K. does not have any Key Executives recorded.

Zimmer Biomet G.K. Key Developments

Zimmer Biomet G.K. Enters into Term Loan Agreement with Sumitomo Mitsui Banking Corporation for New ¥21.3 Billion Term Loan and Amended and Restated Term Loan Agreement

On September 22, 2017, Zimmer Biomet G.K. (the 'Borrower'), a wholly-owned subsidiary of Zimmer Biomet Holdings Inc. entered into (i) a Term Loan Agreement with Sumitomo Mitsui Banking Corporation for a new ¥21.3 billion term loan, and (ii) an Amended and Restated Term Loan Agreement (the 'Restated Term Loan Agreement,' and together with the New Term Loan Agreement, the 'Loan Agreements') with SMBC, which amends and restates that certain ¥11.7 billion Term Loan Agreement between the Borrower and SMBC dated as of May 24, 2012, as amended by the First Amendment dated as of October 31, 2014, and which Restated Term Loan Agreement further extends the maturity date of the ¥11.7 billion term loan, reflects name changes and makes certain other changes. The term loans under the Loan Agreements will mature on September 27, 2022 and bear interest at a fixed rate of 0.635% per annum. The Company has unconditionally guaranteed the payment of the Borrower’s obligations under the Loan Agreements by entering into an Amended and Restated Letter of Guarantee, dated as of September 22, 2017, with SMBC.

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