---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-251551"
form_type: "8-K"
ticker: "BFAM"
cik: "0001437578"
company_name: "BRIGHT HORIZONS FAMILY SOLUTIONS INC."
filed_at: "2026-06-01T20:31:06+00:00"
generated_at: "2026-06-01T20:41:33.012866+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Bright Horizons secures $375M term loan, ups revolver to $1B with 2030 maturity

## Summary
- Issued $375M 2026 Term A Loans; proceeds used to repay $375M existing revolver loans.
- Revolving credit commitments increased from $900M to $1B.
- Both facilities mature April 17, 2030; interest at Term SOFR+1.25%-1.75% or Base+0.25%-0.75%.
- Term loans require quarterly amortization at 2.5% p.a. for first 2 years, then 5% p.a.
- Financial covenant: maximum first lien net leverage ratio of 4.25x.

## SEC filing metadata
- accession: 0001193125-26-251551
- form_type: 8-K
- ticker: BFAM
- cik: 0001437578
- company_name: BRIGHT HORIZONS FAMILY SOLUTIONS INC.
- filed_at: 2026-06-01T20:31:06+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/1437578/000119312526251551/0001193125-26-251551-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1437578/000119312526251551/d139662d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-251551
- JSON: https://secwatch.observer/filing/0001193125-26-251551.json
- Plain text: https://secwatch.observer/filing/0001193125-26-251551.txt

## Source-grounded claims
- claim_id: 2ddd0507f0e45eb549af4a6784773441e593cdeb
  claim: BRIGHT HORIZONS FAMILY SOLUTIONS INC. amended Fifth Amendment to Second Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A., as Administrative Agent, the 2026 Term A Lenders, the 2026 Revolving Credit Lenders and the L/C Issuer valued at $375 million in incremental term A loans and an increase of the Revolving Credit Commitments from $9 (effective 2026-06-01).
  evidence_excerpt: On June 1, 2026 (the “ Closing Date ”), Bright Horizons Family Solutions LLC (the “ Borrower ”), a wholly-owned indirect subsidiary of Bright Horizons Family Solutions Inc. (the “ Company ”), entered into the Fifth Amendment to Second Amended and Restated Credit Agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/1437578/000119312526251551/0001193125-26-251551-index.htm

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