secwatch.observer — SEC 8-K summary
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Issuer:     HENRY SCHEIN INC (HSIC)
CIK:        0001000228
Form:       8-K
Filed at:   2023-07-13T23:59:59+00:00
Accession:  0001193125-23-186248
Event type: debt
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Henry Schein secures new $750M term loan and amends $1B revolver, boosting total liquidity to $1.8B
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- New $750M unsecured term loan facility matures July 2026; for working capital, acquisitions, stock buybacks.
- Existing $1B revolver amended and restated; maturity extended to July 2028.
- Combined borrowing capacity now $1.8B; CFO says supports BOLD+1 strategic plan and M&A.
- Facilities contain customary covenants and events of default; term loan priced at Term SOFR plus spread.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1000228/000119312523186248/0001193125-23-186248-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1000228/000119312523186248/d534011d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-186248

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer