---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-160501"
form_type: "8-K"
ticker: "DVA"
cik: "0000927066"
company_name: "DAVITA INC."
filed_at: "2025-07-17T23:59:59+00:00"
generated_at: "2026-05-18T06:08:13.517149+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# DaVita reprices $1.88B term loan B, cuts margin 25 bps, adds $250M incremental debt

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-160501
- form_type: 8-K
- ticker: DVA
- cik: 0000927066
- company_name: DAVITA INC.
- filed_at: 2025-07-17T23:59:59+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/927066/000119312525160501/0001193125-25-160501-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/927066/000119312525160501/d75954d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-160501
- JSON: https://secwatch.observer/filing/0001193125-25-160501.json
- Plain text: https://secwatch.observer/filing/0001193125-25-160501.txt

## Key facts
- Debt Financings
  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
  source text: a repricing of the Company’s existing senior secured term loan “B” facility maturing in May 2031
  evidence_url: https://www.sec.gov/Archives/edgar/data/927066/000119312525160501/0001193125-25-160501-index.htm
- Debt Financings
  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
  source text: incremental borrowing of Tranche B-2 Term Loans in an aggregate principal amount of $250 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/927066/000119312525160501/0001193125-25-160501-index.htm

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