DaVita amends credit agreement, adds $250 million term loan to repay term A loans
DaVita entered a Seventh Amendment to its Credit Agreement with Wells Fargo as administrative agent, repricing its senior secured term loan B facility maturing in May 2031 and adding $250 million of incremental term loans. The company used the proceeds to repay $250 million of senior secured term A loans maturing in April 2028. The filing does not report a change in total debt outstanding or a change in the company's financial results.
Key points
- Seventh Amendment dated July 17, 2025 reprices the term loan B facility, now the Tranche B-2 Term Facility, maturing May 2031.
- Applicable margin is 175 basis points for Term SOFR loans and 75 basis points for Base Rate loans, down from 200 and 100 basis points.
- Incremental $250 million of Tranche B-2 Term Loans used to repay $250 million of term A loans maturing April 2028.
- Wells Fargo Bank, National Association serves as administrative agent, collateral agent and swingline lender.
The filing
Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 17, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.