DAVITA INC. (DVA): debt financing — DaVita reprices $1.88B term loan B, cuts margin 25 bps, adds $250M incremental debt

DAVITA INC.

Seventh Amendment to Credit Agreement reprices $1.628B Extended Tranche B-1 Term Loans into Tranche B-2 at 175 bps (Term SOFR) and 75 bps (Base Rate), down from 200/100 bps.
Incurs $250M Incremental Tranche B-2 Term Loans; proceeds used to repay $250M of senior secured term A loans maturing April 2028.
Total Tranche B-2 Term Loans outstanding ~$1.88B; new loans mature May 2031, matching original maturity.
Repricing and incremental borrowing effective July 17, 2025; conditions include customary representations and no default.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

DAVITA INC. amended credit facility with Wells Fargo Bank, National Association at Applicable Margin for the Tranche B-2 Term Facility is 175 basis points in the c.

Instrument: credit facility
Counterparty: Wells Fargo Bank, National Association
Rate: Applicable Margin for the Tranche B-2 Term Facility is 175 basis points in the c
Event: amendment

Exact text from the filing

a repricing of the Company’s existing senior secured term loan “B” facility maturing in May 2031

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Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

DAVITA INC. incurred term loan of $250 million with Wells Fargo Bank, National Association at Term SOFR plus 175 basis points maturing May 2031.

Instrument: term loan
Principal: $250 million
Counterparty: Wells Fargo Bank, National Association
Rate: Term SOFR plus 175 basis points
Maturity: May 2031
Event: incurrence

Exact text from the filing

incremental borrowing of Tranche B-2 Term Loans in an aggregate principal amount of $250 million

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DAVITA INC. filing history →

Source: SEC EDGAR

accession 0001193125-25-160501

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