---
schema_version: "secwatch.filing_event.v1"
accession: "0001412408-26-000138"
form_type: "8-K"
ticker: "PHR"
cik: "0001412408"
company_name: "Phreesia, Inc."
filed_at: "2026-05-04T23:59:59+00:00"
generated_at: "2026-05-14T23:51:37.767864+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Phreesia subsidiary AccessOne Funding ups receivables facility to $300M, extends to 2029

## Summary
- Amendment No. 9 increases facility limit from $200M to $300M PNC-led facility.
- Scheduled termination date extended from May 4, 2026 to April 30, 2029.
- Phreesia added as joint and several co-guarantor under amended performance guaranty.
- Concentration limit for lower-rated provider receivables raised from 5% to 15% of aggregate securitization value.
- Proceeds from receivables sales used for general corporate purposes.

## SEC filing metadata
- accession: 0001412408-26-000138
- form_type: 8-K
- ticker: PHR
- cik: 0001412408
- company_name: Phreesia, Inc.
- filed_at: 2026-05-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1412408/000141240826000138/0001412408-26-000138-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1412408/000141240826000138/phr-20260430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001412408-26-000138
- JSON: https://secwatch.observer/filing/0001412408-26-000138.json
- Plain text: https://secwatch.observer/filing/0001412408-26-000138.txt

## Source-grounded claims
- claim_id: 8bb1a253261d892f203db7e2a6abc2e7965581d0
  claim: Phreesia, Inc. amended credit facility of $300,000,000 with PNC Bank, National Association maturing April 30, 2029.
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1412408/000141240826000138/0001412408-26-000138-index.htm
- claim_id: 099229a21fe6bfbd772874ac30d82e048215908d
  claim: Phreesia, Inc. amended Amended and Restated Performance Guaranty with PNC Bank, National Association (effective 2026-04-30).
  evidence_excerpt: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1412408/000141240826000138/0001412408-26-000138-index.htm
- claim_id: dee61164b223aaeef20f1073299c1f933704e048
  claim: 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).
  evidence_excerpt: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1412408/000141240826000138/0001412408-26-000138-index.htm

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