---
schema_version: "secwatch.filing_event.v1"
accession: "0001071739-25-000040"
form_type: "8-K"
ticker: "CNC"
cik: "0001071739"
company_name: "CENTENE CORP"
filed_at: "2025-03-05T23:59:59+00:00"
generated_at: "2026-05-25T09:13:51.801395+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Centene enters $6B credit facility, replacing prior agreement

## Summary
- New $6B facility includes a $4B revolving credit and a $2B term loan, maturing March 5, 2030.
- Proceeds used to refinance existing debt, pay fees, and for working capital and general corporate purposes.
- Covenant requires debt-to-capital ratio not to exceed 0.60:1.00 (0.65 after material acquisitions).
- Interest rate based on S&P/Moody's ratings; on closing date, pricing level III (BBB-/Baa3) applied.

## SEC filing metadata
- accession: 0001071739-25-000040
- form_type: 8-K
- ticker: CNC
- cik: 0001071739
- company_name: CENTENE CORP
- filed_at: 2025-03-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1071739/000107173925000040/0001071739-25-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1071739/000107173925000040/cnc-20250305.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001071739-25-000040
- JSON: https://secwatch.observer/filing/0001071739-25-000040.json
- Plain text: https://secwatch.observer/filing/0001071739-25-000040.txt

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