DaVita said it entered into a Fourth Amendment to its Credit Agreement with Wells Fargo Bank, National Association, as administrative agent, on May 9, 2024 and August 12, 2019.

1. 01

   DaVita said it entered into a Fourth Amendment to its Credit Agreement with Wells Fargo Bank, National Association, as administrative agent, on May 9, 2024 and August 12, 2019.

2. 02

   The company said it extended the maturity of a portion of its existing secured term loan B facility from August 2026 to May 2031, and the extended principal amount was $1,640,250,847.08.

3. 03

   The company said borrowings under the extended Tranche B-1 Term Facility bear interest at the Base Rate or Term SOFR plus the Applicable Margin, and that the margin is 200 basis points for Term SOFR loans and 100 basis points for Base Rate loans.

4. 04

   The company said the extended Tranche B-1 Term Facility amortizes quarterly at 1% per annum starting on December 31, 2024, with the balance payable at the stated maturity date.

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Original filing

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