Select Medical amends credit agreement, extends $60M revolver maturity to 2025, transitions to SOFR

SELECT MEDICAL HOLDINGS CORP

Replaces LIBOR with Adjusted Term SOFR for borrowings under the credit agreement.
Extends maturity on $60M of revolving capacity to March 6, 2025; $590M total extended, $60M remains March 6, 2024.
Royal Bank of Canada converts its non-extended revolver to extended, with pro rata adjustments.
Amendment effective May 31, 2023; conditions satisfied including fees and documentation.
No default or material adverse change representations.

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