secwatch.observer — SEC 8-K summary
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Issuer:     SelectQuote, Inc. (SLQT)
CIK:        0001794783
Form:       8-K
Filed at:   2021-12-27T23:59:59+00:00
Accession:  0001794783-21-000181
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SelectQuote increases revolving credit facility by $35M to $135M and draws $245M from delayed draw term loan
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- Revolving borrowing capacity increased by $35M, now $135M total.
- Company borrowed $245M under delayed draw term loan facility, leaving $100M remaining capacity.
- New lenders include Academy Bank ($20M commitment) and CrossFirst Bank ($15M commitment).
- Each new lender received a 0.50% commitment fee on its commitment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1794783/000179478321000181/0001794783-21-000181-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1794783/000179478321000181/slqt-20211227.htm
  HTML page:      https://secwatch.observer/filing/0001794783-21-000181

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