---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-231607"
form_type: "8-K"
ticker: "THC"
cik: "0000070318"
company_name: "TENET HEALTHCARE CORP"
filed_at: "2023-09-08T23:59:59+00:00"
generated_at: "2026-06-10T22:24:14.458057+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Tenet extends $200M LC facility to March 2027, switches to SOFR

## Summary
- Extended letter of credit facility maturity from Sept 2024 to March 2027.
- Replaced LIBOR with Term SOFR as the reference interest rate.
- Facility size stays at $200M; Tenet also has a $1.5B revolver maturing March 2027.
- Amendment executed Sept 7, 2023 with Barclays as administrative agent.

## SEC filing metadata
- accession: 0001193125-23-231607
- form_type: 8-K
- ticker: THC
- cik: 0000070318
- company_name: TENET HEALTHCARE CORP
- filed_at: 2023-09-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/70318/000119312523231607/0001193125-23-231607-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/70318/000119312523231607/d517272d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-231607
- JSON: https://secwatch.observer/filing/0001193125-23-231607.json
- Plain text: https://secwatch.observer/filing/0001193125-23-231607.txt

## Key facts
- Material Agreements
  TENET HEALTHCARE CORP amended LC Amendment with Barclays Bank PLC valued at $200 million (effective 2023-09-07).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Barclays Bank PLC
  - Value: $200 million
  - Effective: 2023-09-07
  source text: On September 7, 2023 (the “Closing Date”), Tenet Healthcare Corporation, a Nevada corporation (“Tenet”), entered into an Amendment No. 6 (the “LC Amendment”) to extend its existing Letter of Credit Facility Agreement, dated as of March 7, 2014 (as amended by the LC Amendment and in effect as of the Closing Date, the “LC Agreement”), by and among Tenet, the LC participants and issuers party thereto and Barclays Bank PLC, as administrative agent (the “LC Agent”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/70318/000119312523231607/0001193125-23-231607-index.htm

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