---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-103823"
form_type: "8-K"
ticker: "CBZ"
cik: "0000944148"
company_name: "CBIZ, Inc."
filed_at: "2025-04-29T23:59:59+00:00"
generated_at: "2026-05-23T04:35:53.095743+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# CBIZ amends credit agreement to add Available Amount basket for share repurchases and investments

## Summary
- Second Amendment to credit agreement dated April 29, 2025 adds an Available Amount basket for Investments and Restricted Payments (including share repurchases).
- Credit agreement originally dated November 1, 2024, with $600M revolving commitments and term loan; amended March 7, 2025.
- Borrower CBIZ Operations, Inc. and guarantors; lenders include Bank of America, PNC, JPMorgan, Huntington, among others.
- Amendment makes technical changes; consent fee of 0.05% of each lender's commitments and term loan paid.
- Allows greater flexibility for capital allocation while maintaining existing financial covenants.

## SEC filing metadata
- accession: 0001193125-25-103823
- form_type: 8-K
- ticker: CBZ
- cik: 0000944148
- company_name: CBIZ, Inc.
- filed_at: 2025-04-29T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/944148/000119312525103823/0001193125-25-103823-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/944148/000119312525103823/d938593d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-103823
- JSON: https://secwatch.observer/filing/0001193125-25-103823.json
- Plain text: https://secwatch.observer/filing/0001193125-25-103823.txt

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