Universal Health Services adds $700 million delayed-draw term loan to senior secured credit facility via amendment
UHS•Amendment adds delayed-draw term loan facility
Universal Health Services entered a twelfth amendment to its senior secured credit facility on July 20, 2026.
- The amendment adds an incremental delayed draw tranche A term loan facility of up to $700 million.
- The loan can be drawn from July 20, 2026 to Sept. 30, 2026.
- It matures 364 days from funding and has no amortization.
- The initial margin is set at 0.125% for ABR loans and 1.125% for term benchmark loans or RFR loans, tied to net leverage.
- Proceeds are earmarked for general corporate purposes, including refinancing existing debt, and are secured alongside the company’s senior secured notes.
