---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-131472"
form_type: "8-K"
ticker: "CTEV"
cik: "0001793229"
company_name: "Claritev Corp"
filed_at: "2024-12-26T23:59:59+00:00"
generated_at: "2026-05-28T23:21:00.006676+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# MultiPlan enters debt restructuring with ad hoc groups, extends maturities to 2029-2031

## Summary
- Transaction Support Agreement signed with ad hoc groups holding 72% of secured notes, 89% unsecured, 94% convertible, 60% term loans.
- New $350M first-out first-lien revolver matures Dec 2029; existing revolver maturity extended from 2026.
- Exchange offers for $1.05B secured, $0.98B unsecured, $1.25B convertible, $1.28B term loans into new first-lien notes and term loans.
- Consent solicitations to eliminate restrictive covenants and release collateral securing secured notes.
- Deal contingent on majority participation by each series of existing debt holders.

## SEC filing metadata
- accession: 0001104659-24-131472
- form_type: 8-K
- ticker: CTEV
- cik: 0001793229
- company_name: Claritev Corp
- filed_at: 2024-12-26T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1793229/000110465924131472/0001104659-24-131472-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1793229/000110465924131472/tm2431855d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-131472
- JSON: https://secwatch.observer/filing/0001104659-24-131472.json
- Plain text: https://secwatch.observer/filing/0001104659-24-131472.txt

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