secwatch.observer — SEC 8-K summary
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Issuer:     LifeStance Health Group, Inc. (LFST)
CIK:        0001845257
Form:       8-K
Filed at:   2024-12-19T23:59:59+00:00
Accession:  0001193125-24-282043
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 1.02, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

LifeStance enters new $290M term loan and $100M revolver, repays existing facility
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- New senior secured term loan of $290M funded on Dec 19, 2024; revolving facility commitments of $100M available.
- Both facilities mature on fifth anniversary of closing (Dec 2029).
- Interest: SOFR + 3.00% (or base + 2.00%) with leverage-based stepdowns; undrawn commitment fee 0.45% p.a.
- Proceeds used to repay all outstanding loans under prior credit agreement (dated May 2022), which was terminated.
- Obligations guaranteed by Holdings and subsidiaries, secured by substantially all assets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1845257/000119312524282043/0001193125-24-282043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1845257/000119312524282043/d886973d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-282043

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