secwatch.observer — SEC 8-K summary
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Issuer:     agilon health, inc. (AGL)
CIK:        0001831097
Form:       8-K
Filed at:   2026-02-12T23:59:59+00:00
Accession:  0001628280-26-007671
Event type: debt
Sentiment:  negative
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831097/000162828026007671/0001628280-26-007671-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831097/000162828026007671/agl-20260212.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-007671

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