---
schema_version: "secwatch.filing_event.v1"
accession: "0000731012-22-000089"
form_type: "8-K"
ticker: "HCSG"
cik: "0000731012"
company_name: "HEALTHCARE SERVICES GROUP INC"
filed_at: "2022-11-28T23:59:59+00:00"
generated_at: "2026-06-21T12:53:09.977644+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# HCSG renews credit facility: $300M unsecured revolver due 2027, down from $475M

## Summary
- New $300M unsecured revolving credit facility matures Nov 22, 2027; can be increased to $500M.
- Replaces previous $475M facility that was set to expire Dec 21, 2023.
- Benchmark rate switched from LIBOR to SOFR; up to $50M swingline and $125M letters of credit available.
- Proceeds used for general corporate purposes; facility is unsecured.

## SEC filing metadata
- accession: 0000731012-22-000089
- form_type: 8-K
- ticker: HCSG
- cik: 0000731012
- company_name: HEALTHCARE SERVICES GROUP INC
- filed_at: 2022-11-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/731012/000073101222000089/0000731012-22-000089-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/731012/000073101222000089/hcsg-20221122.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000731012-22-000089
- JSON: https://secwatch.observer/filing/0000731012-22-000089.json
- Plain text: https://secwatch.observer/filing/0000731012-22-000089.txt

## Key facts
- Debt Financings
  HEALTHCARE SERVICES GROUP INC incurred credit facility of in the aggregate amount of $300 million with PNC Bank, National Association, as administrative agent maturing November 22, 2027.
  - Instrument: credit facility
  - Principal: in the aggregate amount of $300 million
  - Counterparty: PNC Bank, National Association, as administrative agent
  - Maturity: November 22, 2027
  - Event: incurrence
  source text: The New Credit Facility, which matures on November 22, 2027 provides for a five-year unsecured revolving loan facility in the aggregate amount of $300 million with, at the Company's option, the ability to increase the revolving loan commitments to an aggregate amount not to exceed $500 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/731012/000073101222000089/0000731012-22-000089-index.htm
- Material Agreements
  HEALTHCARE SERVICES GROUP INC amended Amended Credit Agreement with PNC Bank, National Association, as administrative agent, and the several banks and other financial institutions parties thereto valued at $300 million (effective 2022-11-22).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: PNC Bank, National Association, as administrative agent, and the several banks and other financial institutions parties thereto
  - Value: $300 million
  - Effective: 2022-11-22
  source text: Healthcare Services Group, Inc. (the "Company") renewed an existing line of credit through the execution of an Amended Credit Agreement dated November 22, 2022 (the “New Credit Facility”), by and among the Company, the several banks and other financial institutions or entities that are from time to time parties thereto (the “Lenders”), and PNC Bank, National Association, as administrative agent (the “Administrative Agent”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/731012/000073101222000089/0000731012-22-000089-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.