Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
LABCORP HOLDINGS INC. incurred term loan of $750,000,000 with Wells Fargo Bank, National Association (as administrative agent), Wells Fargo Securities, LLC (as joint lead arranger and sole bookrunner), PNC Capital Markets LLC (as joint lead arranger), PNC Bank, National Association (as syndication agent), and the lenders from time to time party thereto at floating rate equal to either (i) a SOFR-based rate plus a margin of 0.700% or ( maturing March 20, 2028.
- Instrument
- term loan
- Principal
- $750,000,000
- Counterparty
- Wells Fargo Bank, National Association (as administrative agent), Wells Fargo Securities, LLC (as joint lead arranger and sole bookrunner), PNC Capital Markets LLC (as joint lead arranger), PNC Bank, National Association (as syndication agent), and the lenders from time to time party thereto
- Rate
- floating rate equal to either (i) a SOFR-based rate plus a margin of 0.700% or (
- Maturity
- March 20, 2028
- Event
- incurrence
Exact text from the filing
On March 20, 2026 (the “Closing Date”), Labcorp Holdings Inc. (the “Company”), as parent guarantor, and Laboratory Corporation of America Holdings (“LCAH”), as borrower, entered into a Term Loan Credit Agreement (the “Credit Agreement”) with Wells Fargo Bank, National Association (“Wells Fargo”), as administrative agent, Wells Fargo Securities, LLC, as joint lead arranger and sole bookrunner, PNC Capital Markets LLC, as joint lead arranger, PNC Bank, National Association, as syndication agent, and the lenders from time to time party thereto, which provides for a $750,000,000 senior unsecured term loan (the “Term Loan”) scheduled to mature on March 20, 2028.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
LABCORP HOLDINGS INC. entered into Credit Agreement with Wells Fargo Bank, National Association valued at $750,000,000 (effective 2026-03-20).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Wells Fargo Bank, National Association
- Value
- $750,000,000
- Effective
- 2026-03-20
Exact text from the filing
Labcorp Holdings Inc. (the “Company”), as parent guarantor, and Laboratory Corporation of America Holdings (“LCAH”), as borrower, entered into a Term Loan Credit Agreement (the “Credit Agreement”) with Wells Fargo Bank, National Association (“Wells Fargo”), as administrative agent, Wells Fargo Securities, LLC, as joint lead arranger and sole bookrunner, PNC Capital Markets LLC, as joint lead arranger, PNC Bank, National Association, as syndication agent, and the lenders from time to time party thereto, which provides for a $750,000,000 senior unsecured term loan (the “Term Loan”) scheduled to mature on March 20, 2028.
View on SEC.gov