Financing ·
On September 10, 2026, HealthStream, Inc. entered into the Second Amendment to its Amended and Restated Revolving…
HSTMHealthstream Inc
On September 10, 2026, HealthStream, Inc. entered into the Second Amendment to its Amended and Restated Revolving Credit Agreement with Truist Bank as Administrative Agent. The amendment maintains a maximum revolving loan principal of $50 million, including $5 million sublimits for swingline loans and standby letters of credit, with an option to increase availability by up to $25 million subject to lender commitments. The facility matures on September 10, 2031. Interest rates are based on Base Rate or Term SOFR plus applicable margins that vary with the Company’s net funded debt leverage ratio; initial margins are 0.50% for base rate loans and 1.50% for SOFR loans. The agreement imposes financial covenants requiring a net funded debt leverage ratio of no more than 3.00 to 1.00 and an interest coverage ratio of at least 3.00 to 1.00. HealthStream, Inc. operates in the healthcare education and workforce development industry, providing training solutions for healthcare professionals.