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AI brief of an SEC Form 8-K · SEI Investments (SEIC)

SEI Investments enters $500 million five-year revolving credit facility replacing $325 million loan

Neutral Impact 3 of 5 financing Written later

On August 18, 2025, SEI Investments Company entered into a five-year senior unsecured revolving credit facility of $500 million, expiring in August 2030, which replaces its $325 million credit facility scheduled to expire in April 2026. The facility includes covenants limiting mergers, asset sales, additional debt and, in a default, dividends and share repurchases, and it can be increased by up to $250 million under certain conditions.

Key points

  • Facility size: $500 million aggregate principal, with a possible increase of $250 million under certain conditions
  • Maturity: August 2030; replaces the $325 million facility due April 2026
  • Pricing depends on the Leverage Ratio: Term SOFR plus 125 to 225 basis points, and quarterly unused fees of 15 to 35 basis points
  • Financial covenant: Leverage Ratio of not more than 3.00 to 1.00, with an option to increase to 3.50 to 1.00 for limited periods

The filing

CompanySEI Investments (SEIC)
Form8-K, current report
Filed with the SECAug 19, 2025, 4:09 PM ET
Accession number0000350894-25-000106

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation

Read the filing on SEC.gov ↗

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 August 19, 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.