Addus HomeCare Corp Enters New Credit Agreement
Ticker: ADUS · Form: 8-K · Filed: Oct 23, 2024 · CIK: 1468328
| Field | Detail |
|---|---|
| Company | Addus Homecare Corp (ADUS) |
| Form Type | 8-K |
| Filed Date | Oct 23, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001, $650,000,000, $150,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt, financing
TL;DR
Addus HomeCare just signed a new credit deal, watch for financing changes.
AI Summary
On October 22, 2024, Addus HomeCare Corporation entered into a material definitive agreement, specifically a credit agreement, which creates a direct financial obligation for the registrant. The filing details the terms and conditions of this new credit facility.
Why It Matters
This new credit agreement signifies a change in Addus HomeCare's financing structure, potentially impacting its liquidity and future investment capabilities.
Risk Assessment
Risk Level: medium — New debt agreements can introduce financial risks and obligations that may affect the company's financial health.
Key Players & Entities
- Addus HomeCare Corporation (company) — Registrant
- October 22, 2024 (date) — Date of earliest event reported
- October 23, 2024 (date) — Date of Report
FAQ
What type of material definitive agreement did Addus HomeCare Corporation enter into?
Addus HomeCare Corporation entered into a credit agreement.
What is the earliest event date reported in this 8-K filing?
The earliest event date reported is October 22, 2024.
What is the principal executive office address for Addus HomeCare Corporation?
The principal executive office address is 6303 Cowboys Way, Suite 600, Frisco, TX 75034.
What is the business phone number for Addus HomeCare Corporation?
The business phone number is (469) 535-8200.
Under which section of the Securities Exchange Act of 1934 is this Current Report filed?
This Current Report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Filing Stats: 768 words · 3 min read · ~3 pages · Grade level 13.2 · Accepted 2024-10-23 16:15:53
Key Financial Figures
- $0.001 — ange on which registered Common Stock, $0.001 par value ADUS The Nasdaq Stock Mar
- $650,000,000 — edit facility to an aggregate amount of $650,000,000, (ii) increased the Company's increment
- $150,000,000 — loan facility to an aggregate amount of $150,000,000, and (iii) extended the maturity date o
Filing Documents
- d883487d8k.htm (8-K) — 27KB
- d883487dex101.htm (EX-10.1) — 971KB
- 0001193125-24-241868.txt ( ) — 1349KB
- adus-20241022.xsd (EX-101.SCH) — 3KB
- adus-20241022_lab.xml (EX-101.LAB) — 18KB
- adus-20241022_pre.xml (EX-101.PRE) — 11KB
- d883487d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits: Exhibit No. Description 10.1* Fourth Amendment to Amended and Restated Credit Agreement, dated as of October 22, 2024, by and among Addus HealthCare, Inc., as the Borrower, Addus HomeCare Corporation, the other Credit Parties party thereto, Capital One, National Association, as administrative agent and as a Lender, and the other Lenders party thereto. 104 Cover Page Interactive Data File (embedded within Inline XBRL document). * Schedules and exhibits have been omitted pursuant to Item 601 of Regulation S-K. The Company hereby undertakes to furnish supplementally a copy of any of the omitted schedules and exhibits upon request by the Securities and Exchange Commission.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ADDUS HOMECARE CORPORATION Dated: October 23, 2024 By: /s/ Brian Poff Name: Brian Poff Title: Chief Financial Officer