secwatch.observer — SEC 8-K summary
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Issuer:     HUMANA INC (HUM)
CIK:        0000049071
Form:       8-K
Filed at:   2025-05-30T23:59:59+00:00
Accession:  0000895345-25-000200
Event type: debt
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Humana enters new $5.0B credit revolver, upsizing from $2.642B
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/49071/000089534525000200/0000895345-25-000200-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/49071/000089534525000200/ff4885689_8k-humana.htm
  HTML page:      https://secwatch.observer/filing/0000895345-25-000200

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