secwatch.observer — SEC 8-K summary
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Issuer:     Surgery Partners, Inc. (SGRY)
CIK:        0001638833
Form:       8-K
Filed at:   2024-06-20T23:59:59+00:00
Accession:  0001104659-24-073419
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Surgery Partners closes $1.4B term loan refinancing, extending maturity to 2030
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- $1.4B aggregate principal of 2024 Refinancing Term Loans priced at Term SOFR + 2.75% or base rate + 1.75%.
- New loans mature December 19, 2030 and replace all existing term loans under the credit agreement.
- Amortization: equal quarterly installments of 0.25% of original principal, starting Q3 2024.
- Voluntary prepayments subject to 1% call premium if made within 6 months due to a repricing event.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1638833/000110465924073419/0001104659-24-073419-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1638833/000110465924073419/tm2417299d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-073419

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