---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-117879"
form_type: "8-K"
ticker: "LH"
cik: "0000920148"
company_name: "LABCORP HOLDINGS INC."
filed_at: "2026-03-20T23:59:59+00:00"
generated_at: "2026-05-15T09:33:42.129316+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Labcorp enters $750M senior unsecured term loan due 2028

## Summary
- $750M term loan fully funded on March 20, 2026; matures March 20, 2028.
- Floating rate: SOFR + 0.70% or base rate + 0.00% per annum.
- Financial covenant: max leverage ratio 4.0:1 (can increase to 4.5:1 for four quarters post-acquisition).
- Covenants restrict subsidiary debt, liens, mergers, and asset sales with standard exceptions.
- Proceeds used for general corporate purposes; lenders include Wells Fargo and PNC.

## SEC filing metadata
- accession: 0001193125-26-117879
- form_type: 8-K
- ticker: LH
- cik: 0000920148
- company_name: LABCORP HOLDINGS INC.
- filed_at: 2026-03-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/920148/000119312526117879/0001193125-26-117879-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/920148/000119312526117879/d38637d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-117879
- JSON: https://secwatch.observer/filing/0001193125-26-117879.json
- Plain text: https://secwatch.observer/filing/0001193125-26-117879.txt

## Source-grounded claims
- claim_id: 3dd33823d36dd98ef936d8ec11327c26d562ba05
  claim: 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.
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/920148/000119312526117879/0001193125-26-117879-index.htm
- claim_id: 95f4fde5f8f52e8147584a4b5a3e62f4e6bd6ba7
  claim: LABCORP HOLDINGS INC. entered into Credit Agreement with Wells Fargo Bank, National Association valued at $750,000,000 (effective 2026-03-20).
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/920148/000119312526117879/0001193125-26-117879-index.htm

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