secwatch / observer
8-K filed May 4, 2026, 7:59 PM ET ticker PHR CIK 0001412408
debt confidence high sentiment neutral materiality 0.50

Phreesia, Inc. (PHR): debt financing — Phreesia subsidiary AccessOne Funding ups receivables facility to $300M, extends to 2029

Phreesia, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Phreesia, Inc. amended credit facility of $300,000,000 with PNC Bank, National Association maturing April 30, 2029.

Instrument
credit facility
Principal
$300,000,000
Counterparty
PNC Bank, National Association
Maturity
April 30, 2029
Event
amendment
Exact text from the filing
The Amendment amends the Receivables Purchase Agreement to, among other things, increase the facility limit from $200,000,000 to $300,000,000 and extend the scheduled termination date of the Receivables Purchase Agreement from May 4, 2026 to April 30, 2029.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.85

Phreesia, Inc. amended Amended and Restated Performance Guaranty with PNC Bank, National Association (effective 2026-04-30).

Action
amendment
Counterparty
PNC Bank, National Association
Effective
2026-04-30
Exact text from the filing
In connection with the Amendment, Phreesia and AccessOne Holdings and PNC entered into an Amended and Restated Performance Guaranty on the Closing Date (the “Amended and Restated Performance Guaranty”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Phreesia, Inc. amended Amendment No. 9 with PNC Bank, National Association valued at increase the facility limit from $200,000,000 to $300,000,000 (effective 2026-04-30).

Action
amendment
Agreement
credit facility
Counterparty
PNC Bank, National Association
Value
increase the facility limit from $200,000,000 to $300,000,000
Effective
2026-04-30
Exact text from the filing
On April 30, 2026 (the “Closing Date”), AccessOne Funding, LLC (“AccessOne Funding”), an indirect wholly-owned subsidiary of Phreesia, Inc., a Delaware corporation (“Phreesia” or the “Company”), as seller, AccessOne MedCard, Inc. (“AccessOne MedCard”), an indirect wholly-owned subsidiary of Phreesia, as servicer, PNC Bank, National Association (“PNC”), as purchaser and administrative agent, and PNC Capital Markets LLC (“PNC Capital Markets”), as structuring agent, entered into Amendment No. 9 (the “Amendment”) to that certain Receivables Purchase and Administration Agreement, dated as of March 31, 2020, as previously amended, restated, supplemented or otherwise modified (the “Receivables Purchase Agreement”).
View on SEC.gov

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Phreesia, Inc. filing history →

Source: SEC EDGAR
accession 0001412408-26-000138
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