secwatch.observer — SEC 8-K summary
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Issuer:     SELECT MEDICAL HOLDINGS CORP (SEM)
CIK:        0001320414
Form:       8-K
Filed at:   2024-11-19T23:59:59+00:00
Accession:  0001104659-24-120415
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Select Medical Corp prices $550M of 6.250% Senior Notes due 2032 to refinance existing debt
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- $550M aggregate principal of 6.250% Senior Notes due 2032 priced; closing expected Dec 3, 2024.
- Notes are senior unsecured obligations guaranteed by certain domestic subsidiaries.
- Proceeds will repay existing term loans and redeem all outstanding 6.250% Senior Notes due 2026.
- Concurrently, Select intends to amend its credit agreement to add incremental term loan and extend revolving credit maturity.
- Offering is private under Rule 144A/Reg S; notes not registered.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1320414/000110465924120415/0001104659-24-120415-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1320414/000110465924120415/tm2428815d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-120415

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