{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-028231","form_type":"8-K","ticker":"HCA","cik":"0000860730","company_name":"HCA Healthcare, Inc.","filed_at":"2025-02-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.534492+00:00","generated_at":"2026-05-26T18:23:01.126275+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"HCA Inc. proposes public offering of senior notes; plans $8B unsecured credit facility to replace secured facilities","bullets":["HCA subsidiary HCA Inc. proposes offering of senior notes; final terms (maturity, rate, amount) depend on market conditions.","Issuer intends to refinance $3.5B cash flow and $4.5B ABL secured credit facilities with new $8B senior unsecured revolving credit facility.","New facility has 5-year term, leverage covenant of 4.50:1.00 (step-up to 5.00 after material acquisition), and initial rate of Term SOFR + 1.250% plus 0.10% credit spread.","Net proceeds from note offering will be used for general corporate purposes, which may include repaying $2.95B ABL borrowings."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-028231","json":"https://secwatch.observer/filing/0001193125-25-028231.json","markdown":"https://secwatch.observer/filing/0001193125-25-028231.md","text":"https://secwatch.observer/filing/0001193125-25-028231.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/860730/000119312525028231/0001193125-25-028231-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/860730/000119312525028231/d830507d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T18:23:01.126275+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}