---
schema_version: "secwatch.filing_event.v1"
accession: "0001794783-24-000071"
form_type: "8-K/A"
ticker: "SLQT"
cik: "0001794783"
company_name: "SelectQuote, Inc."
filed_at: "2024-10-18T23:59:59+00:00"
generated_at: "2026-05-30T12:48:33.901641+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# SelectQuote subsidiary issues $100M in asset-backed notes secured by commissions

## Summary
- $60M Class A 7.80% notes and $40M Class B 9.65% notes issued by subsidiary SQ ABS Issuer, LLC.
- Notes secured by commissions receivable at 62% advance rate; final legal maturity October 20, 2039.
- Interest accrues from Oct 15, 2024, payable monthly; amortization based on loan-to-value with sweep after Sept 2028.
- Indenture with UMB Bank as trustee; covenants limit asset sales, liens, and additional debt by the issuer.

## SEC filing metadata
- accession: 0001794783-24-000071
- form_type: 8-K/A
- ticker: SLQT
- cik: 0001794783
- company_name: SelectQuote, Inc.
- filed_at: 2024-10-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1794783/000179478324000071/0001794783-24-000071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1794783/000179478324000071/slqt-20241015.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001794783-24-000071
- JSON: https://secwatch.observer/filing/0001794783-24-000071.json
- Plain text: https://secwatch.observer/filing/0001794783-24-000071.txt

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