Option Care Health amends credit agreement, refinances term loans at Term SOFR plus 1.75%
Option Care Health entered a Fourth Amendment to its first lien credit agreement with Bank of America, N.A. as administrative agent, dated September 22, 2025. The amendment refinances existing term loans at a lower rate of Term SOFR plus 1.75% with a seven-year maturity, adds $49,639,386.20 in incremental term loans, and extends the revolving credit maturity to five years.
Key points
- Term loans refinanced at Term SOFR plus 1.75%, maturing seven years after the amendment's effective date
- Incremental term loans of $49,639,386.20 added on the same rate and maturity terms
- Post-amendment First Lien Term Loan principal is approximately $678,000,000
- Revolving credit commitments extended to the fifth anniversary, with a springing maturity 91 days before the Unsecured Notes maturity if notes remain unpaid
The filing
Written by AI on Nov 8, 2026, 1:00 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 September 25, 2025.
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