secwatch.observer — SEC 8-K summary
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Issuer:     TruBridge, Inc. (TBRG)
CIK:        0001169445
Form:       8-K
Filed at:   2025-12-01T23:59:59+00:00
Accession:  0001193125-25-303161
Event type: debt
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TruBridge refinances credit facilities; revolver capacity up to $180M, term loan to $70M, maturity extended to Nov 2030
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- Revolver capacity increased to $180M (from $160M); term loan outstanding now $70M (up from $54M).
- Maturity extended to November 2030 (from May 2027); total outstanding after execution $168M.
- Leverage covenant max 3.75x through Sept 2026, then 3.50x thereafter; fixed charge coverage min 1.25x.
- EBITDA add-back definitions expanded to include restructuring, integration, and non-recurring expenses.
- Prepayment obligation from equity issuances removed; foreign person representation and covenant added.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1169445/000119312525303161/0001193125-25-303161-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1169445/000119312525303161/d700980d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-303161

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