secwatch.observer — SEC 8-K summary
======================================

Issuer:     HEALTHEQUITY, INC. (HQY)
CIK:        0001428336
Form:       8-K
Filed at:   2023-06-02T23:59:59+00:00
Accession:  0001428336-23-000018
Event type: debt
Sentiment:  neutral
Materiality: 0.20
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HealthEquity amends credit agreement to replace LIBOR with Term SOFR
--------------------------------------------------------------------

- Amendment replaces LIBOR with Term SOFR plus 0.10% credit spread adjustment; margin range unchanged at 1.25%–2.25%.
- Applies to borrowings under the existing credit agreement (dated October 2021); no changes to amounts, maturity, or financial covenants.
- Effective June 1, 2023; lenders include JPMorgan Chase, Truist, MUFG, TD Bank, and others.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1428336/000142833623000018/0001428336-23-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1428336/000142833623000018/hqy-20230601.htm
  HTML page:      https://secwatch.observer/filing/0001428336-23-000018

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer