secwatch.observer — SEC 8-K summary
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Issuer:     AdaptHealth Corp. (AHCO)
CIK:        0001725255
Form:       8-K
Filed at:   2024-09-16T23:59:59+00:00
Accession:  0001104659-24-100033
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AdaptHealth closes $950M senior secured credit facility, extends maturity to 2029, reduces cost of debt
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- New facility: $650M Term Loan A (fully funded) + $300M Revolver, replacing $450M revolver and existing term loan due Jan 2026.
- Maturity extended to September 13, 2029; interest rate pricing decreased from prior credit facility.
- Proceeds used to fully repay existing Term Loan with no penalty; undrawn commitment fees reduced.
- 13 lenders including Regions Bank, BofA, Capital One, Citizens, Fifth Third, JPMorgan, Truist.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1725255/000110465924100033/0001104659-24-100033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1725255/000110465924100033/tm2424076d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-100033

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