HUMANA INC (HUM): debt financing — Humana enters new $5.0B credit revolver, upsizing from $2.642B

HUMANA INC

New $5.0B unsecured revolver amends and restates existing $2.642B facility and replaces expired $2.1B 364-day facility.
No borrowings outstanding at signing; ~$14.7M in issued undrawn letters of credit, leaving ~$4.98B available capacity.
Facility includes incremental commitment option up to $1.0B; customary covenants include maximum debt-to-capitalization ratio.
Loans bear interest at Term SOFR, Daily Simple SOFR, or base rate plus spread; annual facility fee payable regardless of utilization.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

HUMANA INC amended revolving credit of $5.0 billion with JPMorgan Chase Bank, N.A. as Agent at Term SOFR, Daily Simple SOFR or the base rate plus a spread.

Instrument: revolving credit
Principal: $5.0 billion
Counterparty: JPMorgan Chase Bank, N.A. as Agent
Rate: Term SOFR, Daily Simple SOFR or the base rate plus a spread
Event: amendment

Exact text from the filing

The Revolving Credit Agreement (i) increases the amount of the commitments under the Existing 5-Year Credit Agreement from $2.642 billion to $5.0 billion

View on SEC.gov

Browse all debt financings →

HUMANA INC filing history →

Source: SEC EDGAR

accession 0000895345-25-000200

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.