Bright Horizons Enters Material Definitive Agreement

TL;DR

BHZ inked a big deal, new financial obligations incoming.

AI Summary

Bright Horizons Family Solutions Inc. entered into a Material Definitive Agreement on April 17, 2025. This agreement also created a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement for the registrant. The filing includes financial statements and exhibits related to this event.

Why It Matters

This filing indicates a significant new agreement or financial obligation for Bright Horizons, which could impact its financial structure and future operations.

Risk Assessment

Risk Level: medium — Material definitive agreements and new financial obligations can introduce financial risks and operational changes that require careful monitoring.

Key Players & Entities

• BRIGHT HORIZONS FAMILY SOLUTIONS INC. (company) — Registrant
• April 17, 2025 (date) — Date of earliest event reported
• 2 Wells Avenue Newton, Massachusetts 02459 (location) — Principal executive offices address

FAQ

From the Filing

0001193125-25-086264.txt : 20250421 0001193125-25-086264.hdr.sgml : 20250421 20250421060843 ACCESSION NUMBER: 0001193125-25-086264 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20250417 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250421 DATE AS OF CHANGE: 20250421 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BRIGHT HORIZONS FAMILY SOLUTIONS INC. CENTRAL INDEX KEY: 0001437578 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-CHILD DAY CARE SERVICES [8351] ORGANIZATION NAME: 07 Trade & Services EIN: 800188269 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35780 FILM NUMBER: 25851252 BUSINESS ADDRESS: STREET 1: 2 WELLS AVENUE CITY: NEWTON STATE: MA ZIP: 02459 BUSINESS PHONE: 617-673-8000 MAIL ADDRESS: STREET 1: 2 WELLS AVENUE CITY: NEWTON STATE: MA ZIP: 02459 FORMER COMPANY: FORMER CONFORMED NAME: BRIGHT HORIZONS SOLUTIONS CORP DATE OF NAME CHANGE: 20080612 8-K 1 d884386d8k.htm 8-K 8-K false 0001437578 0001437578 2025-04-17 2025-04-17     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported): April 17, 2025       BRIGHT HORIZONS FAMILY SOLUTIONS INC. (Exact name of registrant as specified in its charter)       Delaware   001-35780   80-0188269 (State or other jurisdiction of incorporation)   (Commission File Number)   (I.R.S. Employer Identification Number)   2 Wells Avenue Newton , Massachusetts   02459 (Address of principal executive offices)   (Zip code) Registrant’s telephone number, including area code: (617)   673-8000 Not Applicable (Former name or former address, if changed since last report)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):     ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)     ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)     ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))     ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, $0.001 par value per share   BFAM   New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company  ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 1.01 Entry into a Material Definitive Agreement On April 17, 2025 (the “ Closing Date ”), Bright Horizons Family Solutions LLC (the “ Borrower ”), a wholly-owned indirect subsidiary of Bright Horizons Family Solutions Inc. (the “ Company ”), entered into a Refinancing Amendment, by and among the Borrower, Bright Horizons Cap