DaVita said it entered into a Seventh Amendment to its Credit Agreement with Wells Fargo Bank, National Association, as administrative agent, on July 17, 2025. The Credit Agreement is dated August 12, 2019. The amendment includes a repricing of its existing senior secured term loan "B" facility maturing in May 2031.

1. 01

   DaVita said it entered into a Seventh Amendment to its Credit Agreement with Wells Fargo Bank, National Association, as administrative agent, on July 17, 2025. The Credit Agreement is dated August 12, 2019. The amendment includes a repricing of its existing senior secured term loan "B" facility maturing in May 2031.

2. 02

   The company said the Seventh Amendment includes an incremental borrowing of Tranche B-2 Term Loans in an aggregate principal amount of $250 million (Incremental Tranche B-2 Term Loans).

3. 03

   The company said the Applicable Margin for the Tranche B-2 Term Loans is 175 basis points for Term SOFR loans and 75 basis points for Base Rate loans. The company said the Applicable Margin for the Extended Tranche B-1 Term Facility before the amendment was 200 basis points for Term SOFR loans and 100 basis points for Base Rate loans.

4. 04

   The company said it used the proceeds of the Incremental Tranche B-2 Term Loans to repay $250 million of its outstanding senior secured term "A" loans maturing in April 2028.

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