Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
NATIONAL HEALTHCARE CORP incurred term loan of $475.0 million with Bank of America, N.A., as administrative agent at Term SOFR plus 1.50% or base rate plus 0.50% maturing the fifth anniversary of the date of initial funding.
- Instrument
- term loan
- Principal
- $475.0 million
- Counterparty
- Bank of America, N.A., as administrative agent
- Rate
- Term SOFR plus 1.50% or base rate plus 0.50%
- Maturity
- the fifth anniversary of the date of initial funding
- Event
- incurrence
Exact text from the filing
The Credit Agreement provides for (i) a $475.0 million senior unsecured term loan facility (the “Term Loan Facility”) and (ii) a $50.0 million senior unsecured revolving credit facility (the “Revolving Facility,” and together with the Term Loan Facility, the “Credit Facilities”).
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Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
NATIONAL HEALTHCARE CORP incurred revolving credit of $50.0 million with Bank of America, N.A., as administrative agent at Term SOFR plus 1.50% or base rate plus 0.50% maturing the fifth anniversary of the date of initial funding.
- Instrument
- revolving credit
- Principal
- $50.0 million
- Counterparty
- Bank of America, N.A., as administrative agent
- Rate
- Term SOFR plus 1.50% or base rate plus 0.50%
- Maturity
- the fifth anniversary of the date of initial funding
- Event
- incurrence
Exact text from the filing
The Credit Agreement provides for (i) a $475.0 million senior unsecured term loan facility (the “Term Loan Facility”) and (ii) a $50.0 million senior unsecured revolving credit facility (the “Revolving Facility,” and together with the Term Loan Facility, the “Credit Facilities”).
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
NATIONAL HEALTHCARE CORP entered into Credit Agreement with Bank of America, N.A., as administrative agent, swingline lender and issuer of letters of credit valued at $475.0 million senior unsecured term loan facility and a $50.0 million senior unsecured revolving cr (effective 2026-05-26).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Bank of America, N.A., as administrative agent, swingline lender and issuer of letters of credit
- Value
- $475.0 million senior unsecured term loan facility and a $50.0 million senior unsecured revolving cr
- Effective
- 2026-05-26
Exact text from the filing
On May 26, 2026, National HealthCare Corporation (“NHC”) entered into a Credit Agreement (the “Credit Agreement”) among NHC, as borrower, certain subsidiaries of NHC, as the guarantors, the lenders from time to time party thereto, and Bank of America, N.A. (“Bank of America”), as administrative agent, swingline lender and issuer of letters of credit.
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