---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-030833"
form_type: "8-K"
ticker: "HCA"
cik: "0000860730"
company_name: "HCA Healthcare, Inc."
filed_at: "2025-02-20T23:59:59+00:00"
generated_at: "2026-05-26T09:59:31.607935+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# HCA enters $8.0B unsecured revolver, terminates secured credit facilities

## Summary
- New $8.0B senior unsecured revolving credit facility with 5-year maturity dated Feb 20, 2025.
- Borrower used facility to repay $3.5B revolver and $1.238B term loan under prior secured facilities.
- Interest rate initially Term SOFR + 1.250% plus 0.10% credit spread adjustment.
- Financial covenant: leverage ratio ≤ 4.50:1 (step-up to 5.00:1 after material acquisition).
- Proceeds to be used for general corporate purposes; facility is unsecured and not guaranteed.

## SEC filing metadata
- accession: 0001193125-25-030833
- form_type: 8-K
- ticker: HCA
- cik: 0000860730
- company_name: HCA Healthcare, Inc.
- filed_at: 2025-02-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/860730/000119312525030833/0001193125-25-030833-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/860730/000119312525030833/d935546d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-030833
- JSON: https://secwatch.observer/filing/0001193125-25-030833.json
- Plain text: https://secwatch.observer/filing/0001193125-25-030833.txt

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