secwatch.observer — SEC 8-K summary
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Issuer:     Surgery Partners, Inc. (SGRY)
CIK:        0001638833
Form:       8-K
Filed at:   2025-08-13T23:59:59+00:00
Accession:  0001104659-25-077656
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Surgery Partners closes $1.383B term loan refinancing; extends maturities to 2030/2028
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- New $1.383B 2025 Refinancing Term Loans replace existing term loans; maturity extended to Dec 19, 2030.
- Revolving credit commitments refinanced; new 2025 Refinancing Revolving Loans mature Dec 19, 2028.
- Interest rate: Term SOFR + 2.50% or alternate base rate + 1.50%.
- Term loans amortize in equal quarterly installments of 0.25% of original principal starting Q3 2025.
- Voluntary prepayment permitted with 1% call premium for repricing events within first 6 months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1638833/000110465925077656/0001104659-25-077656-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1638833/000110465925077656/tm2523271d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-077656

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