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Ardent Announces Successful Amendment and Extension of Term Loan Facility BRENTWOOD, Tenn. (

Key Takeaway: Ardent Health has successfully amended and extended its Term Loan Facility totaling $777.5 million, reducing the interest rate from SOFR plus 2.75% to SOFR plus 2.25%. This change extends the maturity and is anticipated to save the company around $3.9 million in interest expenses annually. The CFO expressed that these adjustments improve financial flexibility and support continued investments in healthcare across their communities. Ardent operates a significant healthcare system with 30 acute care hospitals and 280 care sites throughout six states.

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POSITIVE FACTORS

  • Reduction of interest rate by 50 basis points enhances financial flexibility.
  • Expected annual savings of approximately $3.9 million in interest expenses.
  • Strengthens Ardent's capital position to support strategic growth.

Full Press Release Details

Ardent Announces Successful Amendment and Extension of
BRENTWOOD, Tenn. (Sept. 22, 2025) - Ardent Health (NYSE ARDT), a leading provider of healthcare in growing mid-sized
urban communities across the U.S., today announced that it has successfully amended and extended its $777.5 million
Term Loan Facility. The new terms reduce the applicable interest rate by 50 basis points from Term Secured Overnight
Financing Rate (SOFR) plus 2.75% to Term SOFR plus 2.25%. The transaction extends the maturity of the facility to
"This transaction enhances our financial flexibility and strengthens our capital position, allowing Ardent to continue
investing in our communities while pursuing strategic growth," said Ardent Health Chief Financial Officer Alfred Lumsdaine.
"We appreciate the support of our lending partners and their continued confidence in our leadership and long-term growth
The amended credit agreement is expected to reduce Ardent's interest expense by approximately $3.9 million annually.
Ardent Health (NYSE ARDT) is a leading provider of healthcare in growing mid-sized urban communities across the U.S.
With a focus on people and investments in innovative services and technologies, Ardent is passionate about making
healthcare better and easier to access. Through its subsidiaries, the Company delivers care through a system of 30 acute
care hospitals and approximately 280 sites of care with over 1,800 employed and affiliated providers across six states. For
more information, please visit ardenthealth.com.
SVP, Investor Relations
Investor.Relations ardenthealth.com
SVP, Communications Corporate Affairs
rebecca.kirkham ardenthealth.com

Frequently Asked Questions

What recent financial change did Ardent Health announce?

Ardent Health announced the amendment and extension of its $777.5 million Term Loan Facility.

How much did Ardent reduce its interest rate?

The interest rate was reduced by 50 basis points to Term SOFR plus 2.25%.

What is the expected annual interest expense reduction for Ardent?

Ardent expects to reduce its interest expense by approximately $3.9 million annually.

How many acute care hospitals does Ardent Health operate?

Ardent Health operates 30 acute care hospitals across six states.

Who is the CFO of Ardent Health?

Alfred Lumsdaine is the Chief Financial Officer of Ardent Health.

Last updated: Sep 22, 2025