GoHealth Secures Amended Credit Agreement Highlighting Broad Based Support from Stakeholders
'This amendment highlights broad-based support from stakeholders across the capital structure and allows the Company to focus on longer-term strategic priorities,' said Vijay Kotte, Chief Executive Officer of GoHealth. 'For nearly a decade, GoHealth has been a leader in supporting Medicare consumers as they assess their benefit options and enroll in Medicare Advantage plans. These actions, announced today, and the expected subsequent transactions are intended to reinforce this leadership while positioning us well for the future.'
Additional terms of the amendment are set forth in GoHealth's Current Report on Form 8-K to be filed with the Securities and Exchange Commission on June 30, 2025.
About GoHealth
GoHealth is a leading health insurance marketplace and Medicare-focused digital health company whose purpose is to compassionately ensure consumers' peace of mind when making healthcare decisions so they can focus on living life. For many of these consumers, enrolling in a health insurance plan is confusing and difficult, and seemingly small differences between health plans may lead to significant out-of-pocket costs or lack of access to critical providers and medicines. GoHealth's proprietary technology platform leverages modern machine-learning algorithms, powered by over two decades of insurance purchasing behavior, to reimagine the process of matching a health plan to a consumer's specific needs. Its unbiased, technology-driven marketplace coupled with highly skilled licensed agents has facilitated the enrollment of millions of consumers in Medicare plans since GoHealth's inception. For more information, visit https://www.gohealth.com/.
Investor Relations
John Shave
jshave@gohealth.com
Media Relations
Pressinquiries@gohealth.com
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the 'Securities Act'), and Section 21E of the Securities Exchange Act of 1934, as amended (the 'Exchange Act'). These forward-looking statements are made in reliance upon the safe harbor provision of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts contained in this press release may be forward-looking statements. Statements regarding GoHealth's future liquidity, going concern and related plans, the negotiation of a comprehensive financing plan, subsequent transactions and the pursuit of a receivables financing, results of operations and financial position, business strategy and plans and objectives of management for future operations are forward-looking statements.
In some cases, you can identify forward-looking statements by terms such as 'may,' 'will,' 'should,' 'aims,' 'expects,' 'plans,' 'anticipates,' 'could,' 'intends,' 'targets,' 'projects,' 'contemplates,' 'believes,' 'estimates,' 'predicts,' 'potential,' 'likely,' 'future' or 'continue' or the negative of these terms or other similar expressions. The forward-looking statements in this press release are only predictions, projections and other statements about future events that are based on current expectations and assumptions. Accordingly, we caution you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions and uncertainties that are difficult to predict. Although GoHealth believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, actual results may prove to be materially different from the results expressed or implied by the forward-looking statements.
These forward-looking statements speak only as of the date of this press release and are subject to a number of important factors that could cause actual results to differ materially from those in the forward-looking statements, including the Company's inability to alleviate the going concern, failure to obtain the benefits from the announced amendment, failure to pursue and secure a comprehensive financing plan, subsequent transaction or a receivables facility, failure to improve operational performance, the factors described in the sections titled 'Summary Risk Factors,' 'Risk Factors' and 'Management's Discussion and Analysis of Financial Condition and Results of Operations' in GoHealth's Annual Report on Form 10-K for the fiscal year ended December 31, 2024 ('2024 Annual Report on Form 10-K'), Quarterly Report on Form 10-Q for the first quarter ended March 31, 2025 ('Q1 2025 Quarterly Report on Form 10-Q') and in its other filings with the Securities and Exchange Commission. The factors described in GoHealth's 2024 Annual Report on Form 10-K and the Q1 2025 Quarterly Report on Form 10-Q should not be construed as exhaustive and should be read together with the other cautionary statements included in this press release, as well as the cautionary statements and other risk factors set forth in our other filings with the Securities and Exchange Commission.
You should read this press release and the documents that GoHealth references in this press release completely and with the understanding that its actual future results may be materially different from what it expects. GoHealth qualifies all of its forward-looking statements by these cautionary statements. Except as required by applicable law, GoHealth does not plan to publicly update or revise any forward-looking statements contained herein, whether as a result of any new information, future events, changed circumstances or otherwise.
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Globe and Mail
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CTV News
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Former Toronto Maple Leaf Mitch Marner looks forward to fitting into family culture of Vegas Golden Knights
Newly acquired Golden Knights forward Mitch Marner, left, poses for a photo with his jersey alongside Golden Knights general manager Kelly McCrimmon at City National Arena on Tuesday, July 1, 2025, in Las Vegas. (Chase Stevens/Las Vegas Review-Journal via AP) LAS VEGAS (AP) — Family. Winning. Culture. All three have become synonymous with the Vegas Golden Knights through their first eight years in the NHL. They matched the attributes on Mitch Marner's list and why he agreed to a sign-and-trade from Toronto to Vegas, ultimately leaving the organization that drafted him fourth overall in 2015, two years before the Knights entered the league. 'Obviously, the winning regimen they've put up through the last five years, really since they've been in the league,' Marner said during his introductory news conference Tuesday. 'The living arrangements from talking to (Max) Pacioretty and Reavo (Ryan Reaves) just through the last couple weeks, it seemed like everything was a pretty good fit for my wife and I and our new son. 'And you know, the great players they have here. It's where we wanted to be.' Of course, a $96 million contract for a maximum of eight years didn't hurt, either. Both Marner and Vegas general manager Kelly McCrimmon said it was important to get the deal done before July 1, when Marner would have been eligible to go anywhere else and would have been the most sought-after player beginning at noon EDT. 'This was a spot that was very high on my list,' said Marner, with his wife Stephanie and 3-month-old son Miles in the front row, along with his parents, Paul and Bonnie. 'We wanted to come here and went back to my agent and said I'm open to doing this if we can find a way to do it. A couple hours later Kelly called me and said we got a deal going on. 'We thought about going to free agency, but this is the place we want to be. We didn't want to lose that opportunity. And we want to join this hockey team.' Marner joins Vegas' talented and successful core of Mark Stone, Jack Eichel, William Karlsson, Shea Theodore and Adin Hill, which has made the playoffs three years in a row under coach Bruce Cassidy, including winning the Stanley Cup in 2023. 'You want to be in a place where you want to win,' Marner said. 'That's the whole goal of why we do this, you want to hoist that Stanley Cup. This team has shown that they can do it. I'm lucky enough now to hopefully bring another piece in to help bring it back here.' The deal for Marner opened up after Vegas announced veteran defenseman Alex Pietrangelo was stepping away from hockey because his hip injury would require bilateral femur reconstruction that McCrimmon said had 'no guarantee of success.' Pietrangelo going on long-term injured reserve in part paves the way for the Golden Knights to fit Marner in under the salary cap. McCrimmon said Tuesday he doesn't believe Pietrangelo will ever play hockey again. Marner, however, has plenty to offer the Knights, as the two-time All-Star winger leaves the Maple Leafs as their fifth-highest scorer in franchise history at 741 points in the regular season on 221 goals (14th) and 520 assists (fourth). The 28-year-old's 521 assists since his rookie season (2016-17) ranks fifth in the NHL, while he ranks eighth with 741 points. 'We're getting one of the best forwards in the National Hockey League,' said McCrimmon, who also said that conversations about acquiring Marner went back to the trade deadline. 'Elite playmaker, tremendous passer. ... Our fans will love this player. He really adds to our team. He adds to our offense. It gives us another F1 star at the forward position, which we really feel is important. I think that it improves our team tremendously. 'When it appeared that Mitch would be going to free agency, he was our target. He was the player that we wanted.' AP Hockey Writers Stephen Whyno and John Wawrow contributed to this report. W.g. Ramirez, The Associated Press
