---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-027976"
form_type: "8-K"
ticker: "HSTM"
cik: "0001095565"
company_name: "HEALTHSTREAM INC"
filed_at: "2023-10-10T23:59:59+00:00"
generated_at: "2026-06-10T02:00:12.393033+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# HealthStream enters $50M amended revolving credit facility with Truist Bank

## Summary
- New $50M unsecured revolving credit facility replaces existing senior secured facility.
- Facility matures October 6, 2026; option to increase availability by $25M.
- Initial interest: SOFR + 1.50% or base rate + 0.50%; commitment fee 20 bps.
- Financial covenants: leverage ratio ≤3.00x, interest coverage ≥3.00x.
- Includes $5M sublimits for swingline loans and standby letters of credit.

## SEC filing metadata
- accession: 0001437749-23-027976
- form_type: 8-K
- ticker: HSTM
- cik: 0001095565
- company_name: HEALTHSTREAM INC
- filed_at: 2023-10-10T23:59:59+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/1095565/000143774923027976/0001437749-23-027976-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1095565/000143774923027976/hstm20231009_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-027976
- JSON: https://secwatch.observer/filing/0001437749-23-027976.json
- Plain text: https://secwatch.observer/filing/0001437749-23-027976.txt

## Key facts
- Debt Financings
  HEALTHSTREAM INC incurred revolving credit of $50 million with Truist Bank at base rate plus .50% applicable margin or SOFR plus 1.50% applicable margin maturing October 6, 2026.
  - Instrument: revolving credit
  - Principal: $50 million
  - Counterparty: Truist Bank
  - Rate: base rate plus .50% applicable margin or SOFR plus 1.50% applicable margin
  - Maturity: October 6, 2026
  - Event: incurrence
  source text: The New Credit Facility consists of revolving loans in the maximum principal amount of $50 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1095565/000143774923027976/0001437749-23-027976-index.htm
- Material Agreements
  HEALTHSTREAM INC amended Amended and Restated Revolving Credit Agreement with Truist Bank., as Administrative Agent for the lenders valued at $50 million (effective 2023-10-06).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Truist Bank., as Administrative Agent for the lenders
  - Value: $50 million
  - Effective: 2023-10-06
  source text: On October 6, 2023, HealthStream, Inc., a Tennessee corporation (the “Company”), entered into an Amended and Restated Revolving Credit Agreement dated as of October 6, 2023, by and among the Company, as Borrower, certain lenders party thereto from time to time, and Truist Bank., as Administrative Agent for the lenders (the “New Credit Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1095565/000143774923027976/0001437749-23-027976-index.htm

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