Henry Schein, Inc. filed a Form 8-K with the SEC on September 22, 2026, disclosing that on September 21, 2026, the company amended and restated its existing revolving credit agreement, increasing commitments from $1 billion to $1.25 billion and extending the termination date to September 19, 2031.

Key Highlights

  • Facility size increased: Aggregate revolving credit commitments were raised from $1 billion to $1.25 billion.
  • Extended maturity: The termination date was extended to September 19, 2031.
  • Administrative agent: JPMorgan Chase Bank, N.A. serves as administrative agent under the amended agreement.
  • Intended uses: The company plans to use the facility for working capital, general corporate purposes, capital expenditures, stock repurchases, permitted refinancing of existing debt, and potential acquisitions.
  • Prior agreement date: The facility being amended was originally dated June 6, 2025.
  • Covenants modified: The amendment also modified certain financial definitions and covenants, according to the filing.

Henry Schein Amends Credit Agreement with Expanded Commitments and New Maturity

According to the filing, Henry Schein, Inc. (NASDAQ:HSIC) entered into the Fourth Amended and Restated Revolving Credit Agreement on September 21, 2026. The amended agreement increases the aggregate revolving credit commitments from $1 billion to $1.25 billion and extends the facility's termination date to September 19, 2031. JPMorgan Chase Bank, N.A. acts as administrative agent, U.S. Bank National Association as syndication agent, and The Toronto-Dominion Bank New York Branch, Bank of America, N.A., UniCredit Bank GMBH New York Branch, The Bank of New York Mellon, ING Bank N.V. Dublin Branch, HSBC Bank USA, N.A., and MUFG Bank, Ltd. as co-documentation agents.

The filing states that the company plans to use the amended and restated credit facility "for working capital and general corporate purposes, including, but not limited to, capital expenditures, the repurchase of the Company's capital stock and permitted refinancing of existing debt, as well as for funding potential acquisitions." The amended agreement contains customary representations, warranties, affirmative covenants, and negative covenants on items such as liens, indebtedness, significant corporate changes including mergers, and dispositions, subject to negotiated exceptions.

The filing also notes the agreement includes customary events of default, covering payment defaults, cross-defaults to other material indebtedness, bankruptcy and insolvency, the occurrence of a defined change in control, and failure to observe certain covenants. The 8-K was filed under both Item 1.01, Entry into a Material Definitive Agreement, and Item 2.03, Creation of a Direct Financial Obligation, with the full agreement attached as Exhibit 10.1.

What Was Disclosed

Henry Schein disclosed the execution of an amended and restated $1.25 billion revolving credit facility dated September 21, 2026, with an extended maturity of September 19, 2031, updated covenants, and a syndicate of lenders led by JPMorgan Chase Bank, N.A.