DaVita Inc. Amends Credit Agreement with Wells Fargo, Reprices and Expands Tranche B Loan Facility

Reuters
18 Jul
DaVita Inc. Amends Credit Agreement with <a href="https://laohu8.com/S/EOD">Wells Fargo</a>, Reprices and Expands Tranche B Loan Facility

DaVita Inc. has entered into a Seventh Amendment to its existing Credit Agreement, originally dated August 12, 2019, with Wells Fargo Bank and other lenders. The amendment, signed on July 17, 2025, involves a repricing of DaVita's senior secured term loan "B" facility, now termed the Tranche B-2Term Facility, maturing in May 2031. It also includes an incremental borrowing of $250 million in Tranche B-2Term Loans, which will be used to repay a portion of DaVita's outstanding term "A" loans due in April 2028. The loans are denominated in U.S. dollars and offer interest based on either the Base Rate or the Term SOFR, plus an applicable margin. This financial maneuver is part of DaVita's ongoing efforts to optimize its capital structure and financial obligations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DaVita Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-160501), on July 17, 2025, and is solely responsible for the information contained therein.

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