---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-275763"
form_type: "8-K"
ticker: "BFAM"
cik: "0001437578"
company_name: "BRIGHT HORIZONS FAMILY SOLUTIONS INC."
filed_at: "2024-12-11T23:59:59+00:00"
generated_at: "2026-05-29T04:40:40.976480+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Bright Horizons refinances $583.5M Term B loans, cuts spread by 25 bps

## Summary
- New $583.5M Term B loan facility replaces existing Term B loans; maturity unchanged at Nov 23, 2028.
- Interest rate reduced by 25 bps to 2.00% (Term Benchmark) and 1.00% (ABR); Term SOFR Adjustment eliminated.
- Potential additional 25 bps reduction if credit rating reaches Ba3/BB- (stable).
- Proceeds used to fully refinance outstanding Existing Term B Loans.
- All collateral and guarantors remain unchanged.

## SEC filing metadata
- accession: 0001193125-24-275763
- form_type: 8-K
- ticker: BFAM
- cik: 0001437578
- company_name: BRIGHT HORIZONS FAMILY SOLUTIONS INC.
- filed_at: 2024-12-11T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1437578/000119312524275763/0001193125-24-275763-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1437578/000119312524275763/d915549d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-275763
- JSON: https://secwatch.observer/filing/0001193125-24-275763.json
- Plain text: https://secwatch.observer/filing/0001193125-24-275763.txt

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