debt
confidence high
sentiment neutral
materiality 0.55
AMN Healthcare amends credit facility: maturity to Oct 2030, size cut to $450M
AMN HEALTHCARE SERVICES INC
- Maturity extended to October 2030 from February 2028; facility size reduced from $750M to $450M.
- Removed 10 bps credit spread adjustment on Adjusted Term SOFR; net leverage covenant set at 5.25x.
- New pricing tier for net leverage >=4.25x: SOFR 2.00%, Base Rate 1.00%, unused fee 0.35%.
- Sufficient lender consents received; final documentation expected to close in Q4 2025.