secwatch / observer
8-K filed September 1, 2023, 7:59 PM ET ticker SEM CIK 0001320414
debt confidence high sentiment neutral materiality 0.60

Select Medical increases revolving credit facility by $60M to $770M via Amendment No. 9

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 0.9

SELECT MEDICAL HOLDINGS CORP amended Select Credit Agreement with JPMorgan Chase Bank, N.A. valued at increases the revolving credit commitments available under the Select Credit Agreement from $710.0 m (effective 2023-08-31).

Action
amendment
Agreement
credit facility
Counterparty
JPMorgan Chase Bank, N.A.
Value
increases the revolving credit commitments available under the Select Credit Agreement from $710.0 m
Effective
2023-08-31
Exact text from the filing
Amendment No. 9 to the Select Credit Agreement On August 31, 2023, Select Medical Corporation (“ Select ”) and Select Medical Holdings Corporation (“ Holdings ”) entered into Amendment No. 9 (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, Amendment No. 8, dated as of July 31, 2023 and the Select Amendment, the “ Select Credit Agreement ”). Among other things, the Select Amendment increases the revolving credit commitments available under t
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SELECT MEDICAL HOLDINGS CORP filing history →

Source: SEC EDGAR
accession 0001104659-23-097786
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