Health Catalyst Completes Disposition, Repays Credit Facility; Q3 Results

What Happened

• Health Catalyst announced that on July 31, 2026 it used net cash proceeds from a disposition (plus cash on hand) to voluntarily repay in full its credit facility under the Credit Agreement dated July 16, 2024 (administrative agent: Silver Point Finance, LLC). The Repayment included $122,812,500 of principal under the initial term loan, $37,134,500 under a delayed draw facility, a $3,198,940 prepayment premium, $548,022 of accrued interest, and other fees and expenses. The Repayment resulted in termination of the Credit Facility (maturity had been July 16, 2029) and the simultaneous release in full of all liens thereunder.
• The company also furnished a press release on August 6, 2026 reporting its financial results for the quarter ended June 30, 2026 and a separate press release announcing completion of the disposition. The filing includes unaudited pro forma condensed consolidated information reflecting the disposition.

Key Details

• Closing/Repayment date: July 31, 2026.
• Principal repaid: $122,812,500 (initial term loan) + $37,134,500 (delayed draw) = $159,947,000 total principal.
• Other costs included: $3,198,940 prepayment premium and $548,022 accrued interest (plus fees/expenses).
• Press releases filed: Aug 6, 2026 (quarterly results for period ended June 30, 2026) and disposition completion.

Why It Matters

• The company eliminated the outstanding debt and related liens under its July 16, 2024 Credit Agreement, removing the future repayment obligation tied to that facility.
• Investors should review the August 6, 2026 press releases and the furnished pro forma financial information to understand how the disposition and debt repayment affect Health Catalyst’s recent quarterly results, balance sheet and ongoing financial position.