{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-266885","form_type":"8-K","ticker":"THC","cik":"0000070318","company_name":"TENET HEALTHCARE CORP","filed_at":"2025-11-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.939268+00:00","generated_at":"2026-05-17T00:27:10.545485+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Tenet enters $1.9B ABL revolving credit facility maturing 2030","bullets":["New $1.9B senior secured revolving credit facility with $200M letter-of-credit sub-facility.","Facility matures Nov 4, 2030, with springing maturity if certain senior notes exceed $2.5B.","Existing $200M LC facility amended to extend maturity from 2027 to Nov 4, 2030.","ABL interest: base rate +0.25%-0.50% or SOFR/EURIBOR +1.25%-1.50% based on average quarterly availability.","JPMorgan Chase is administrative agent; Barclays Bank PLC is LC facility agent."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-266885","json":"https://secwatch.observer/filing/0001193125-25-266885.json","markdown":"https://secwatch.observer/filing/0001193125-25-266885.md","text":"https://secwatch.observer/filing/0001193125-25-266885.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/70318/000119312525266885/0001193125-25-266885-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/70318/000119312525266885/d85698d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T00:27:10.545485+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"466d7e636f3c93c6adbaa108d457a10608491d84","claim":"TENET HEALTHCARE CORP incurred revolving credit of up to $1.9 billion with JPMorgan Chase Bank, N.A., as administrative agent at Term SOFR, Daily Simply SOFR or EURIBOR Rate plus an applicable margin ranging f maturing November 4, 2030.","evidence_excerpt":"The ABL Agreement has an effective date of November 4, 2025 and provides for, subject to borrowing availability, revolving loans in an aggregate principal amount of up to $1.9 billion with a $200 million sub-facility for letters of credit. Tenet’s borrowing availability under the ABL Agreement is calculated by reference to a borrowing base which is determined","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/70318/000119312525266885/0001193125-25-266885-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"up to $1.9 billion"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as administrative agent"},{"label":"Rate","value":"Term SOFR, Daily Simply SOFR or EURIBOR Rate plus an applicable margin ranging f"},{"label":"Maturity","value":"November 4, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"4797c90c077122fd006b9876bf308fe64d9ba164","claim":"TENET HEALTHCARE CORP amended credit facility of up to $200 million with Barclays Bank PLC, as administrative agent at base rate plus a margin equal to 0.25% per annum maturing November 4, 2030.","evidence_excerpt":"has an effective date of November 4, 2025 and provides for, subject to borrowing availability, revolving loans in an aggregate principal amount of up to $1.9 billion with a $200 million sub-facility for letters of credit. Tenet’s borrowing availability under the ABL Agreement is calculated by reference to a borrowing base which is determined by specified","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/70318/000119312525266885/0001193125-25-266885-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"up to $200 million"},{"label":"Counterparty","value":"Barclays Bank PLC, as administrative agent"},{"label":"Rate","value":"base rate plus a margin equal to 0.25% per annum"},{"label":"Maturity","value":"November 4, 2030"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}