debt
confidence high
sentiment neutral
materiality 0.60
GoHealth amends credit agreement, raises interest rates on term loans to LIBOR+7.50%
GoHealth, Inc.
- Interest on 2021 Incremental Term Loans set to ABR+6.50% or LIBOR+7.50%.
- Interest on 2021-2 Incremental Term Loans set to ABR+6.50% or LIBOR+7.50%.
- Amendment modifies maximum Total Net Leverage Ratios in Section 6.13(a).
- Consent fee of 0.25% paid to lenders who signed by August 12, 2022 deadline.
- Loan parties release all pre-amendment claims against lenders and administrative agent.