---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-185318"
form_type: "8-K"
ticker: "BFAM"
cik: "0001437578"
company_name: "BRIGHT HORIZONS FAMILY SOLUTIONS INC."
filed_at: "2025-08-21T23:59:59+00:00"
generated_at: "2026-05-17T10:47:47.000254+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Bright Horizons closes $450M Term B loan facility, extends maturity to 2032

## Summary
- New $450M 2025 Term B Loan refinances existing term loans; matures August 21, 2032.
- Interest rate: Base Rate +0.75% or Term SOFR +1.75% (SOFR floor 0.00%).
- Revolving loan facility maturity extended to April 17, 2030 under amended credit agreement.
- Proceeds used to repay all outstanding Existing Term B Loans plus accrued interest and fees.
- JPMorgan Chase acted as left lead arranger and bookrunner; other banks as joint lead arrangers.

## SEC filing metadata
- accession: 0001193125-25-185318
- form_type: 8-K
- ticker: BFAM
- cik: 0001437578
- company_name: BRIGHT HORIZONS FAMILY SOLUTIONS INC.
- filed_at: 2025-08-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1437578/000119312525185318/0001193125-25-185318-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1437578/000119312525185318/d933761d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-185318
- JSON: https://secwatch.observer/filing/0001193125-25-185318.json
- Plain text: https://secwatch.observer/filing/0001193125-25-185318.txt

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