---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-119970"
form_type: "8-K"
ticker: "SEM"
cik: "0001320414"
company_name: "SELECT MEDICAL HOLDINGS CORP"
filed_at: "2024-11-18T23:59:59+00:00"
generated_at: "2026-05-29T22:55:31.283125+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Select Medical Corp. announces $850M senior notes offering and $750M term loan to refinance existing debt

## Summary
- Select Medical Corporation plans $850M senior notes due 2032 in a private placement; notes guaranteed by certain domestic subsidiaries.
- Concurrently, it will amend credit facilities to add a $750M incremental term loan, extend revolver to 5 years, and add $50M revolver.
- Proceeds from notes, new term loan, and cash on hand will repay existing term loan and redeem all outstanding 6.250% senior notes due 2026.
- The offering is subject to market conditions and other customary conditions; no assurance it will be completed as described.

## SEC filing metadata
- accession: 0001104659-24-119970
- form_type: 8-K
- ticker: SEM
- cik: 0001320414
- company_name: SELECT MEDICAL HOLDINGS CORP
- filed_at: 2024-11-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1320414/000110465924119970/0001104659-24-119970-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1320414/000110465924119970/tm2428673d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-119970
- JSON: https://secwatch.observer/filing/0001104659-24-119970.json
- Plain text: https://secwatch.observer/filing/0001104659-24-119970.txt

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