Addus HomeCare amends credit agreement, raising revolver to $650 million and extending maturity to 2028
Addus HomeCare Corporation entered into a Fourth Amendment to its credit agreement on October 22, 2024, with Capital One, National Association, as administrative agent. The amendment increases the revolving credit facility to $650 million and the incremental loan facility to $150 million, and extends the facility's maturity from July 30, 2026 to July 30, 2028. For shareholders, the filing shows expanded borrowing capacity and a longer debt maturity runway, but it does not state how much has been drawn.
- Revolving credit facility increased to an aggregate $650 million
- Incremental loan facility increased to an aggregate $150 million
- Maturity extended from July 30, 2026 to July 30, 2028
- Amendment dated October 22, 2024; the 8-K was filed October 23, 2024