GoHealth Announces Capital And Governance Actions Including Senior Secured Superpriority Term Loan Facility And Amending Existing Credit Agreements

Author: Benzinga Newsdesk | August 07, 2025 06:23am

• Secured new senior secured superpriority term loan facility, including $80.0 million in new-money term loans and $35.0 million in roll-up loans, to support working capital and strategic flexibility heading into the Medicare annual enrollment period.
• Expect additional liquidity in the term loan to allow us to maintain compliance with our debt covenants and fund our operations for the next 12 months and beyond.
• Amended existing credit agreement to waive near-term principal payments through 2026 and reset financial covenants.
• Created debt basket capacity of up to $250.0 million under the new superpriority term loan facility and amended credit agreement, to pursue potential transformative transactions.
• Issued an aggregate of 4,766,219 shares of Class A common stock to lenders, reinforcing alignment with long-term stockholder value creation.
• Appointed three new directors to the Company's board of directors and accepted resignations from three existing directors to align governance with GoHealth's forward-looking strategic direction.

Posted In: GOCO