---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-007671"
form_type: "8-K"
ticker: "AGL"
cik: "0001831097"
company_name: "agilon health, inc."
filed_at: "2026-02-12T23:59:59+00:00"
generated_at: "2026-05-16T03:05:59.258287+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# agilon health amends credit agreement, extends maturity to 2028, reduces revolver to $90M

## Summary
- Maturity extended from Feb 2026 to Feb 2028 for $90M revolver (down from $100M).
- Requires minimum $50M daily cash; dividends restricted until positive EBITDA for two consecutive trailing four-quarter periods.
- Company executed unsecured parent guaranty of subsidiary's obligations under the Credit Agreement.
- Cash collateralization at 103% of outstanding letters of credit required.
- Covenant baskets changed to percentage of EBITDA from total assets.

## SEC filing metadata
- accession: 0001628280-26-007671
- form_type: 8-K
- ticker: AGL
- cik: 0001831097
- company_name: agilon health, inc.
- filed_at: 2026-02-12T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831097/000162828026007671/0001628280-26-007671-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831097/000162828026007671/agl-20260212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-007671
- JSON: https://secwatch.observer/filing/0001628280-26-007671.json
- Plain text: https://secwatch.observer/filing/0001628280-26-007671.txt

## Source-grounded claims
- claim_id: 59ec710d632fb3514d493a94def9e502fbbcafae
  claim: agilon health, inc. amended credit facility of $90.0 million with J.P. Morgan Chase Bank, N.A., as administrative agent maturing February 18, 2028.
  evidence_excerpt: the Amendment, among other changes, (a) extended the stated maturity date from February 18, 2026 to February 18, 2028; (b) amended certain covenant “baskets” to be measured as a percentage of EBITDA rather than, or as an alternative to, Consolidated Total Assets; (c) required that Management maintain a minimum of $50 million in Total Cash as of the end of each Business Day; (d) conditioned certain payments, including dividends, to Holdings under the available amount “basket” on the Company achieving positive EBITDA for two consecutive trailing four-quarter periods each ending after the Third Amendment Effective Date; (e) required that any reduction in outstanding letters of credit be accompanied by a corresponding prepayment of term loans; (f) reduced the aggregate amount of revolving credit commitments from $100.0 million to $90.0 million; and (g) required cash collateralization at 103% of the amount of each letter of credit outstanding immediately prior to the Third Amendment Effecti
  evidence_url: https://www.sec.gov/Archives/edgar/data/1831097/000162828026007671/0001628280-26-007671-index.htm
- claim_id: aa5a7ca7cec317697de85c54f174d78c83f3f4af
  claim: agilon health, inc. incurred guarantee.
  evidence_excerpt: Substantially concurrently with the effectiveness of the Amendment, the Company executed and delivered an unsecured guaranty of Management’s obligations under the Credit Agreement (the “Parent Guaranty”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1831097/000162828026007671/0001628280-26-007671-index.htm
- claim_id: 8b4c5594283519ddf36168cd9b60ac2217db7eab
  claim: agilon health, inc. amended Third Amendment to the Credit Agreement with J.P. Morgan Chase Bank, N.A., as administrative agent, and the other lenders and issuers party thereto (effective 2026-02-12).
  evidence_excerpt: On February 12, 2026 (the “Third Amendment Effective Date”), agilon health, inc. (the "Company"), agilon health management, inc. (f/k/a agilon health, inc.) (the “Management”) and Agilon Health Intermediate Holdings, Inc. (“Holdings”), entered into the Third Amendment (the “Amendment”) to the Credit Agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/1831097/000162828026007671/0001628280-26-007671-index.htm

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