secwatch.observer — SEC 8-K summary
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Issuer:     TENET HEALTHCARE CORP (THC)
CIK:        0000070318
Form:       8-K
Filed at:   2023-09-08T23:59:59+00:00
Accession:  0001193125-23-231607
Event type: debt
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/70318/000119312523231607/0001193125-23-231607-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/70318/000119312523231607/d517272d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-231607

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