---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-068527"
form_type: "8-K"
ticker: "SEM"
cik: "0001320414"
company_name: "SELECT MEDICAL HOLDINGS CORP"
filed_at: "2023-06-06T23:59:59+00:00"
generated_at: "2026-06-14T06:22:07.881606+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-23-068527
- form_type: 8-K
- ticker: SEM
- cik: 0001320414
- company_name: SELECT MEDICAL HOLDINGS CORP
- filed_at: 2023-06-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1320414/000110465923068527/0001104659-23-068527-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1320414/000110465923068527/tm2317937d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-068527
- JSON: https://secwatch.observer/filing/0001104659-23-068527.json
- Plain text: https://secwatch.observer/filing/0001104659-23-068527.txt

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