SelectQuote Inc.
07/29/2025 | Press release | Distributed by Public on 07/29/2025 15:20
Material Agreement, Financial Obligation (Form 8-K)
Item 1.01 Entry into a Material Definitive Agreement.
On July 25, 2025, SelectQuote, Inc. (the "Company") entered into a Thirteenth Amendment (the "Thirteenth Amendment" or the "Amendment") to its Credit Agreement, dated as of November 5, 2019, with Ares Capital Corporation, as administrative agent, UMB Bank, N.A., as revolver agent, and the lenders party thereto. The Thirteenth Amendment, among other things, extends the revolving facility termination date from June 30, 2026 to September 30, 2027. Pursuant to the Amendment, each revolving lender received an amendment fee in cash equal to 0.10% of the revolving loan commitments held by such revolving lender immediately after giving effect to the Amendment.
The foregoing description of the Thirteenth Amendment does not purport to be complete and is qualified in its entirety by reference to the terms of the Thirteenth Amendment, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03.
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