GoHealth Announces Strategic Capital and Governance Actions to Support Long-Term Value Creation and Reports Second Quarter 2025 Results

About this update from Gohealth, Inc.

[{"type":"image","alt":"GoHealth, Inc.","displaySize":"","headline":null,"caption":"GoHealth, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":58,"url":"https://media.zenfs.com/en/globenewswire.com/4558f4c760584d2d88928de79ca75629"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/n9bvOvg0APn0DcXxBcAqow--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTgxO2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/4558f4c760584d2d88928de79ca75629","width":300,"height":58}},"lazy":false},{"type":"text","content":"CHICAGO, Aug. 07, 2025 (GLOBE NEWSWIRE) -- GoHealth, Inc. (NASDAQ: GOCO) (“GoHealth” or the “Company”), a leading health insurance marketplace and Medicare-focused digital health company, today announced the execution of strategic capital and governance actions that are expected to significantly enhance its financial flexibility and long-term positioning along with its financial results for the three and six months ended June 30, 2025.","length":439,"tagName":"p"},{"type":"text","content":"Strategic Capital and Governance Actions","length":40,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Secured new senior secured superpriority term loan facility, including $80.0 million in new-money term loans and $35.0 million in roll-up loans, to support working capital and strategic flexibility heading into the Medicare annual enrollment period.","length":249,"tagName":"p"}]},{"val":[{"type":"text","content":"Expect additional liquidity in the term loan to allow us to maintain compliance with our debt covenants and fund our operations for the next 12 months and beyond.","length":162,"tagName":"p"}]},{"val":[{"type":"text","content":"Amended existing credit agreement to waive near-term principal payments through 2026 and reset financial covenants.","length":115,"tagName":"p"}]},{"val":[{"type":"text","content":"Created debt basket capacity of up to $250.0 million under the new superpriority term loan facility and amended credit agreement, to pursue potential transformative transactions.","length":178,"tagName":"p"}]},{"val":[{"type":"text","content":"Issued an aggregate of 4,766,219 shares of Class A common stock to lenders, reinforcing alignment with long-term stockholder value creation.","length":140,"tagName":"p"}]},{"val":[{"type":"text","content":"Appointed three new directors to the Company’s board of ...

More updates from Gohealth, Inc.