---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-012476"
form_type: "8-K"
ticker: "CVSA"
cik: "0000730464"
company_name: "Covista Inc."
filed_at: "2024-08-26T23:59:59+00:00"
generated_at: "2026-05-31T07:46:01.850306+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Adtalem Global Education reprices term loans, reducing interest margin by 0.75%

## Summary
- Amended Credit Agreement reduces interest rate margins by 0.75% and removes leverage-based pricing grid.
- New interest rate: Term SOFR plus 2.75% or alternate base rate plus 1.75%, at company's option.
- Amendment affects all outstanding term loans under the August 12, 2021 Credit Agreement.
- Transaction closed August 21, 2024; administrative agent is Morgan Stanley Senior Funding, Inc.

## SEC filing metadata
- accession: 0001558370-24-012476
- form_type: 8-K
- ticker: CVSA
- cik: 0000730464
- company_name: Covista Inc.
- filed_at: 2024-08-26T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 2.03, 9.01, 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/730464/000155837024012476/0001558370-24-012476-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/730464/000155837024012476/atge-20240821x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-012476
- JSON: https://secwatch.observer/filing/0001558370-24-012476.json
- Plain text: https://secwatch.observer/filing/0001558370-24-012476.txt

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