secwatch.observer — SEC 8-K summary
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Issuer:     INSPERITY, INC. (NSP)
CIK:        0001000753
Form:       8-K
Filed at:   2025-12-16T23:59:59+00:00
Accession:  0001000753-25-000121
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Insperity ups revolving credit facility to $750M, extends maturity to Dec 2028
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- Revolving facility increased from $650M to $750M; accordion feature raised to $800M.
- Maturity extended to December 15, 2028, from prior date.
- Maximum Leverage Ratio covenant raised from 3.00x to 3.75x for added flexibility.
- EBITDA definition amended; new guarantor Insperity PEO HR, Inc. added.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1000753/000100075325000121/0001000753-25-000121-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1000753/000100075325000121/nsp-20251215.htm
  HTML page:      https://secwatch.observer/filing/0001000753-25-000121

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer