Short answer
MAXIMUS, INC. (MMS) filed an 8-K current report with the SEC on May 28, 2026 reporting Item 1.01 (Entry into a Material Definitive Agreement). $325M increase in term B debt, raising Maximus’ total borrowing obligations.
MAXIMUS, INC. 8-K event analysis
AI summary of each reported item and its exhibits
Item 1.01 · Entry into a Material Definitive Agreement
- $325M increase in term B debt, raising Maximus’ total borrowing obligations
- Proceeds fund revolving-loan repayment, share repurchases, working capital, and amendment costs
- New term loans carry the same terms as existing term B loans
- Debt-funded buybacks may support per-share metrics while increasing financial leverage and interest burden
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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