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8-K filed August 1, 2023, 7:59 PM ET ticker SEM CIK 0001320414
debt confidence high sentiment neutral materiality 0.75

Select Medical refinances $2.8B credit facilities, extends maturity to 2027

SELECT MEDICAL HOLDINGS CORP

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

SELECT MEDICAL HOLDINGS CORP amended Amendment No. 8 to the Select Credit Agreement with Select Medical Corporation, Select Medical Holdings Corporation, and JPMorgan Chase Bank, N.A. as administrative agent valued at New tranche of refinancing term loans of $2,103.0 million, replacement revolving credit facility of (effective 2023-07-31).

Action
amendment
Agreement
credit facility
Counterparty
Select Medical Corporation, Select Medical Holdings Corporation, and JPMorgan Chase Bank, N.A. as administrative agent
Value
New tranche of refinancing term loans of $2,103.0 million, replacement revolving credit facility of
Effective
2023-07-31
Exact text from the filing
On July 31, 2023, Select Medical Corporation (“ Select ”) and Select Medical Holdings Corporation (“ Holdings ”) entered into Amendment No. 8 (the “ Select Amendment ”) to that certain Credit Agreement, dated as of March 6, 2017, by and among Holdings, Select, the lenders and issuing banks party thereto from time to time and JPMorgan Chase Bank, N.A. (“ JPMorgan ”), as administrative agent and collateral agent (as amended by Amendment No. 1, dated as of March 22, 2018, Amendment No. 2 dated as of October 26, 2018, Amendment No. 3, dated as of August 1, 2019, Amendment No. 4, dated as of December 10, 2019, Amendment No. 5, dated as of June 2, 2021, Amendment No. 6, dated as of February 21, 2023, Amendment No. 7, dated as of May 31, 2023, and the Select Amendment, the “ Select Credit Agreement ”). Among other things, the Select Amendment (i) provides for a new tranche of refinancing term loans in an aggregate principal amount of $2,103.0 million to replace the existing tranche of term lo
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SELECT MEDICAL HOLDINGS CORP filing history →

Source: SEC EDGAR
accession 0001104659-23-086339
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