Kern County Hospital Authority Board of Governors Agenda 2026-05-20
Hospital extends PNC Bank revolving credit maturity
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Description
The Board plans to approve a Third Amendment to its Second Amended and Restated Credit Agreement with PNC Bank to extend the maturity of the Authority’s revolving line of credit to a date not later than May 26, 2027. The amendment keeps the existing credit terms largely intact and continues to secure the borrowing with designated personal property.
Contract Details
Vendor
PNC BANK NATIONAL ASSOCIATION
Agency
Kern Medical Center, CA
Contract Type
FINANCIAL_SERVICES
Document Date
May 20, 2026
Contract Term
Maturity date of revolving line of credit extended to a date not later than May 26, 2027
Renewal Date
2027-05-26
Renewal Info
Extends existing revolving line of credit maturity from May 27, 2026 to a date not later than May 26, 2027 under substantially the same terms.
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