Henry Schein boosts credit line to $1.25 billion

Henry Schein increases its revolving credit capacity to $1.25 billion and extends the facility’s maturity to 2031 for general corporate and acquisition funding needs.

Rhea-AI Filing Summary

Henry Schein, Inc. (HSIC) entered into a Fourth Amended and Restated Revolving Credit Agreement on September 21, 2026, amending its existing revolving credit facility. The agreement increases the aggregate revolving credit commitments from $1.0 billion to $1.25 billion and extends the termination date to September 19, 2031.

The facility may be used for working capital and general corporate purposes, including capital expenditures, repurchases of Henry Schein’s capital stock, permitted refinancing of existing debt, and funding potential acquisitions. The agreement includes customary representations, warranties, affirmative and negative covenants, and events of default, such as payment defaults, cross-defaults to other material indebtedness, bankruptcy or insolvency, defined change in control, and covenant breaches.

Filing Explained

The September 21 amendment increases Henry Schein’s revolving credit commitment to $1.25 billion, but the filing reports no borrowing or cash proceeds; the immediate structural change is additional financing capacity, not reported cash raised.

8-K Event Classification

3 items: 1.01, 2.03, 9.01

3 items

Item 1.01 Entry into a Material Definitive Agreement Business

The company signed a significant contract such as a merger agreement, credit facility, or major partnership.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement Financial

The company incurred a new significant debt or off-balance-sheet obligation.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

New revolving credit commitments: $1.25 billion Prior revolving credit commitments: $1.0 billion Increase in commitments: $0.25 billion +2 more

5 metrics

New revolving credit commitments $1.25 billion Aggregate revolving credit commitments under the Fourth Amended and Restated Revolving Credit Agreement

Prior revolving credit commitments $1.0 billion Aggregate commitments under the existing revolving credit agreement dated June 6, 2025

Increase in commitments $0.25 billion Difference between new $1.25 billion and prior $1.0 billion revolving credit commitments

Termination date September 19, 2031 Scheduled termination date of the amended and restated revolving credit facility

Agreement date September 21, 2026 Date of the Fourth Amended and Restated Revolving Credit Agreement

Key Terms

Revolving Credit Agreement, negative covenants, events of default, change in control

4 terms

Revolving Credit Agreement financial

"Fourth Amended and Restated Revolving Credit Agreement, dated as of September 21, 2026"

A revolving credit agreement is a flexible loan arrangement where a borrower can borrow, repay, and borrow again up to a set limit, similar to a credit card. It matters because it gives businesses or individuals quick access to funds whenever needed, helping manage cash flow and cover expenses without applying for a new loan each time.

negative covenants financial

"customary negative covenants, subject to negotiated exceptions, on liens, indebtedness"

events of default financial

"The Fourth Amended and Restated Revolving Credit Agreement also contains customary events of default"

Events of default are specific breaches or failures listed in a loan, bond, or credit agreement that give lenders the right to act, such as demanding immediate repayment, raising interest rates, or taking secured assets. They matter to investors because triggering one is like setting off a financial alarm: it raises the chance of foreclosure, restructuring, or bankruptcy and can sharply reduce the value of a company’s stock or bonds and increase borrowing costs.

change in control financial

"the occurrence of a defined change in control, or the failure to observe the negative covenants"

A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What change did HSIC announce to its revolving credit facility on September 21, 2026?

Henry Schein entered into a Fourth Amended and Restated Revolving Credit Agreement, increasing its revolving credit commitments to $1.25 billion, extending the termination date to September 19, 2031, and updating certain financial definitions and covenants.

How much is Henry Schein’s (HSIC) new revolving credit commitment?

The amended and restated facility provides aggregate revolving credit commitments of $1.25 billion, up from the prior $1.0 billion revolving credit agreement dated June 6, 2025.

When does Henry Schein’s (HSIC) amended revolving credit facility terminate?

The termination date under the Fourth Amended and Restated Revolving Credit Agreement is September 19, 2031, extending the maturity of the existing revolving credit facility.

What does HSIC plan to use the amended revolving credit facility for?

Henry Schein plans to use the amended facility for working capital and general corporate purposes, including capital expenditures, repurchases of its capital stock, permitted refinancing of existing debt, and funding potential acquisitions.

What types of covenants are included in Henry Schein’s (HSIC) new revolving credit agreement?

The agreement includes customary representations, warranties, affirmative covenants and negative covenants on liens, indebtedness, significant corporate changes, dispositions and certain restrictive agreements, along with customary events of default such as payment defaults and specified change in control.

Who are the key financial institutions in HSIC’s Fourth Amended and Restated Revolving Credit Agreement?

The lenders include several institutions with JPMorgan Chase Bank, N.A. as administrative agent, U.S. Bank National Association as syndication agent, and multiple banks, such as The Toronto-Dominion Bank and Bank of America, N.A., as co-documentation agents.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Understanding 8-K Material Events →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 09/22/2026 - 06:35 AM Accepted by SEC EDGAR 09/22/2026 - 06:35 AM Learn about SEC filing dates

HENRY SCHEIN INC false 0001000228 0001000228 2026-09-21 2026-09-21

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 21, 2026

Henry Schein, Inc.

(Exact name of registrant as specified in its charter)

Delaware		0-27078		11-3136595
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

135 Duryea Road, Melville, New York		11747
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (631) 843-5500

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $.01 per share		HSIC		The Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01 Entry into a Material Definitive Agreement.

Fourth Amended and Restated Revolving Credit Facility

On September 21, 2026, the Company amended and restated its existing $1 billion revolving credit agreement, dated as of June 6, 2025, by and among the Company, the several lenders parties thereto, and JPMorgan Chase Bank, N.A., 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 “Fourth Amended and Restated Revolving Credit Agreement”), to, among other things, increase the aggregate revolving credit commitments thereunder from $1 billion to $1.25 billion, extend the termination date to September 19, 2031 and modify certain financial definitions and covenants. The Company plans to use its 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 Fourth Amended and Restated Revolving Credit Agreement contains customary representations, warranties and affirmative covenants as well as customary negative covenants, subject to negotiated exceptions, on liens, indebtedness, significant corporate changes (including mergers), dispositions and certain restrictive agreements. The Fourth Amended and Restated Revolving Credit Agreement also contains customary events of default, such as payment defaults, cross-defaults to other material indebtedness, bankruptcy and insolvency, the occurrence of a defined change in control, or the failure to observe the negative covenants and other covenants related to the operation of the Company’s business.

The above description of the Fourth Amended and Restated Revolving Credit Agreement is not complete and is qualified in its entirety by the actual terms of the Fourth Amended and Restated Revolving Credit Agreement, a copy of which is attached hereto as Exhibit 10.1 and is incorporated herein by reference.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information required by this Item is included in Item 1.01 of this Current Report on Form 8-K and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit 10.1		Fourth Amended and Restated Revolving Credit Agreement, dated as of September 21, 2026, among the Company, the several lenders parties thereto, and JPMorgan Chase Bank, N.A., 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.
Exhibit 104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

				HENRY SCHEIN, INC.
Date: September 22, 2026				By:		/s/ Kelly Murphy
				Name:		Kelly Murphy
				Title:		Senior Vice President and General Counsel

Filing Exhibits & Attachments

4 documents

Agreements & Contracts

• EX-10.1 EX-10.1 716.7 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 3.1 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 16.8 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 10.6 KB