---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-082648"
form_type: "8-K"
ticker: null
cik: "0001124804"
company_name: "Veradigm Inc."
filed_at: "2024-04-01T23:59:59+00:00"
generated_at: "2026-06-04T04:20:17.972012+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Veradigm enters third credit agreement amendment, cuts liquidity covenant to $75M from $350M

## Summary
- Third Amendment to credit agreement provides relief period for furnishing financials through 2024.
- Minimum liquidity reduced from $350M to $75M, excluding undrawn commitments and deducting 2027 convertible notes outstanding.
- Borrowing condition during relief period: consolidated cash cannot exceed $400M (or $250M after 75% of 2027 notes redeemed).
- Aggregate cap of $40M on certain acquisitions, investments, restricted payments and prepayments of restricted junior debt.
- Highest pricing tier in leverage-based pricing grid applied; management projected financials permitted for financial testing.

## SEC filing metadata
- accession: 0001193125-24-082648
- form_type: 8-K
- cik: 0001124804
- company_name: Veradigm Inc.
- filed_at: 2024-04-01T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1124804/000119312524082648/0001193125-24-082648-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1124804/000119312524082648/d800322d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-082648
- JSON: https://secwatch.observer/filing/0001193125-24-082648.json
- Plain text: https://secwatch.observer/filing/0001193125-24-082648.txt

## Key facts
- Debt Financings
  Veradigm Inc. amended credit facility with JPMorgan Chase Bank, N.A. at highest pricing category in the leveraged-based pricing grid.
  - Instrument: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Rate: highest pricing category in the leveraged-based pricing grid
  - Event: amendment
  source text: (v) applies the highest pricing category in the leveraged-based pricing grid in the Credit Agreement during the relief period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1124804/000119312524082648/0001193125-24-082648-index.htm
- Material Agreements
  Veradigm Inc. amended Third Amendment with JPMorgan Chase Bank, N.A. valued at $400 million (effective 2024-03-29).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Value: $400 million
  - Effective: 2024-03-29
  source text: On March 29, 2024, Veradigm Inc. (the “Company”) and Veradigm LLC, a wholly-owned subsidiary of the Company (the “Co-Borrower”), entered into an amendment (the “Third Amendment”) to the Third Amended and Restated Credit Agreement, dated as of April 29, 2022, as previously amended, among the Company, the Co-Borrower, the lenders party thereto (the “Lenders”) and JPMorgan Chase Bank, N.A., as administrative agent
  evidence_url: https://www.sec.gov/Archives/edgar/data/1124804/000119312524082648/0001193125-24-082648-index.htm

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