secwatch.observer — SEC 8-K summary
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Issuer:     Waystar Holding Corp. (WAY)
CIK:        0001990354
Form:       8-K
Filed at:   2025-08-12T23:59:59+00:00
Accession:  0001990354-25-000015
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Waystar reprices $1.16B term loan; rate cut 25 bps, adds $250M for Iodine deal
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- Refinanced $1,157,711,636 in term loans; interest rate reduced to adjusted SOFR +2.00% from 2.25%.
- Added $250M incremental term loans under same terms to partially fund pending Iodine Software acquisition.
- Repricing driven by strong lender demand; borrowing costs cut 211 bps since June 2024 IPO.
- S&P, Moody's, Fitch reaffirmed debt ratings and stable outlook.
- No change to total outstanding indebtedness from the repricing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1990354/000199035425000015/0001990354-25-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1990354/000199035425000015/way-20250812.htm
  HTML page:      https://secwatch.observer/filing/0001990354-25-000015

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