Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
Surgery Partners, Inc. incurred credit facility of Aggregate principal amount of $1,383 million for 2025 Refinancing Term Loans; revolving credit commitments refinanced in with Jefferies Finance LLC and other financial institutions at Term SOFR plus 2.50% per annum or alternate base rate plus 1.50% per annum maturing December 19, 2030 for term loans; December 19, 2028 for revolving loans.
- Instrument
- credit facility
- Principal
- Aggregate principal amount of $1,383 million for 2025 Refinancing Term Loans; revolving credit commitments refinanced in
- Counterparty
- Jefferies Finance LLC and other financial institutions
- Rate
- Term SOFR plus 2.50% per annum or alternate base rate plus 1.50% per annum
- Maturity
- December 19, 2030 for term loans; December 19, 2028 for revolving loans
- Event
- incurrence
Exact text from the filing
The Second Amendment amended the Credit Agreement to, among other things, (i) provide for a new tranche of term loans under the Credit Agreement in an aggregate principal amount of $1,383 million (the “2025 Refinancing Term Loans”), which 2025 Refinancing Term Loans replace or refinance in full all of the existing term loans outstanding under the Credit Agreement (as in effect immediately prior to the Second Amendment), and (ii) refinance in full all of the existing revolving credit commitments and outstanding revolving loans under the Credit Agreement (as in effect immediately prior to the Second Amendment), all as further set forth in the Second Amendment.
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