secwatch.observer — SEC 8-K summary
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Issuer:     HEALTHSTREAM INC (HSTM)
CIK:        0001095565
Form:       8-K
Filed at:   2023-10-10T23:59:59+00:00
Accession:  0001437749-23-027976
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1095565/000143774923027976/0001437749-23-027976-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1095565/000143774923027976/hstm20231009_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-027976

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