---
schema_version: "secwatch.filing_event.v1"
accession: "0000920148-24-000103"
form_type: "8-K"
ticker: "LH"
cik: "0000920148"
company_name: "LABCORP HOLDINGS INC."
filed_at: "2024-08-23T23:59:59+00:00"
generated_at: "2026-05-31T07:56:55.288803+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Labcorp enters $300M accounts receivable securitization; accordion to $700M

## Summary
- Three-year $300M securitization facility with PNC Bank, dated August 23, 2024.
- Accordion feature allows increase to $700M upon certain conditions.
- Labcorp Receivables LLC, a wholly owned SPV, sells/pledges receivables to purchasers.
- Labcorp Holdings guarantees performance of originators and servicer, but not collectability.
- Interest accrues at SOFR plus 0.10% adjustment and applicable margin.

## SEC filing metadata
- accession: 0000920148-24-000103
- form_type: 8-K
- ticker: LH
- cik: 0000920148
- company_name: LABCORP HOLDINGS INC.
- filed_at: 2024-08-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/920148/000092014824000103/0000920148-24-000103-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/920148/000092014824000103/lh-20240823.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000920148-24-000103
- JSON: https://secwatch.observer/filing/0000920148-24-000103.json
- Plain text: https://secwatch.observer/filing/0000920148-24-000103.txt

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