debt
confidence high
sentiment positive
materiality 0.55
eHealth extends credit facility maturity to Feb 2026, cuts interest margin by 50 bps
eHealth, Inc.
- Maturity date extended from Feb 28, 2025 to Feb 27, 2026 on $70M outstanding term loans.
- Interest margin reduced: SOFR loans from 7.50% to 7.00%, base rate loans from 6.50% to 6.00%.
- Exit fee removed; replaced with 1.00% applicable premium plus make-whole for prepayments on or before Mar 1, 2025.
- Paid extension fee of 1.50% ($1.05M) to lenders upon amendment effectiveness.
- All guarantees and security interests reaffirmed; loan parties release claims against lenders.