secwatch.observer — SEC 8-K summary
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Issuer:     Huron Consulting Group Inc. (HURN)
CIK:        0001289848
Form:       8-K
Filed at:   2025-07-31T23:59:59+00:00
Accession:  0001289848-25-000188
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Huron expands credit facility to $1.1B, extends maturity to July 2030
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- New $700M revolver and $400M term loan replace $600M revolver and $275M term loan maturing Nov 2027.
- Maturity extended to July 30, 2030; term loan amortizes $5M quarterly from Sep 2025.
- All-in pricing improved: Term SOFR borrowings initially at SOFR + 1.500% with further grid based on leverage.
- Proceeds used to refinance existing debt; future use for working capital, repurchases, and tuck-in M&A.
- Oversubscribed lender demand; Bank of America, JPMorgan, and PNC lead syndicate.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1289848/000128984825000188/0001289848-25-000188-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1289848/000128984825000188/hurn-20250730.htm
  HTML page:      https://secwatch.observer/filing/0001289848-25-000188

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