---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-143139"
form_type: "8-K"
ticker: null
cik: "0001124804"
company_name: "Veradigm Inc."
filed_at: "2025-06-20T23:59:59+00:00"
generated_at: "2026-05-19T00:50:20.888909+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Veradigm enters $100M senior secured term loan; $75M funded, $25M delayed draw

## Summary
- $75M initial term loan funded June 18, 2025; $25M delayed draw available until Dec 18, 2026; maturity June 18, 2030.
- Loans bear interest at Adjusted Term SOFR + 7.50% or Base Rate + 6.50%; PIK interest allowed until June 30, 2027.
- Proceeds used for repurchases of 0.875% convertible notes due 2027 and general corporate purposes.
- Covenants: max first lien leverage ratio 3.0x, minimum liquidity $25M; no amortization; cross-default on debt >$20M.
- Prepayment premiums: make-whole +3% through June 2026, then 3%, 1%, 0% declining to 0% after June 2028.

## SEC filing metadata
- accession: 0001193125-25-143139
- form_type: 8-K
- cik: 0001124804
- company_name: Veradigm Inc.
- filed_at: 2025-06-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1124804/000119312525143139/0001193125-25-143139-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1124804/000119312525143139/d21948d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-143139
- JSON: https://secwatch.observer/filing/0001193125-25-143139.json
- Plain text: https://secwatch.observer/filing/0001193125-25-143139.txt

## Key facts
- Debt Financings
  Veradigm Inc. incurred loan of $100 million senior secured term loan credit facility (consisting of a $75 million initial term loan and a $25 million d with Wilmington Savings Fund Society, FSB and lenders at Base Rate or Adjusted Term SOFR Rate plus margin of 7.50% (Term Benchmark) or 6. maturing June 18, 2030.
  - Instrument: loan
  - Principal: $100 million senior secured term loan credit facility (consisting of a $75 million initial term loan and a $25 million d
  - Counterparty: Wilmington Savings Fund Society, FSB and lenders
  - Rate: Base Rate or Adjusted Term SOFR Rate plus margin of 7.50% (Term Benchmark) or 6.
  - Maturity: June 18, 2030
  - Event: incurrence
  source text: initial term loan funded on June 18, 2025 and a $25 million delayed draw term loan facility available until December 18, 2026, each with a maturity date of June 18, 2030.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1124804/000119312525143139/0001193125-25-143139-index.htm

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