{"schema_version":"secwatch.filing_event.v1","accession":"0001428336-24-000098","form_type":"8-K","ticker":"HQY","cik":"0001428336","company_name":"HEALTHEQUITY, INC.","filed_at":"2024-08-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.029715+00:00","generated_at":"2026-05-31T07:22:31.422855+00:00","sec_items":["1.01","2.03","1.02","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"HealthEquity enters $1B credit facility, repays prior $512M debt","bullets":["New $1,000,000,000 senior secured revolving credit facility entered Aug 23, 2024; $511.9M drawn to refinance prior debt.","Prior 2021 credit agreement with $511.9M outstanding fully repaid and commitments terminated.","Five-year maturity; includes $25M letter of credit sublimit and ability to incur up to $450M additional loans subject to leverage test.","Interest at SOFR +1.25%-2.50% or base rate +0.25%-1.50%; commitment fee 0.25%-0.50%, based on leverage grid.","Financial covenants: maximum total net leverage ratio 5.00:1 and minimum interest coverage ratio 3.00:1, effective Jan 31, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001428336-24-000098","json":"https://secwatch.observer/filing/0001428336-24-000098.json","markdown":"https://secwatch.observer/filing/0001428336-24-000098.md","text":"https://secwatch.observer/filing/0001428336-24-000098.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1428336/000142833624000098/0001428336-24-000098-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1428336/000142833624000098/hqy-20240823.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T07:22:31.422855+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}