Phreesia lifts PNC receivables facility limit to $300 million, extends to 2029

Phreesia

Phreesia

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  • Phreesia amended AccessOne Funding receivables purchase facility with PNC, lifting facility limit to USD 300 million from USD 200 million.
  • Scheduled termination date extended to April 30, 2029 from May 4, 2026.
  • Amended and restated performance guaranty added Phreesia as joint and several co-guarantor alongside AccessOne Holdings.
  • Concentration limit for eligible receivables tied to lower-rated or unrated providers increased to 15% from 5%, subject to PNC approval for higher levels.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Phreesia Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001412408-26-000138), on May 04, 2026, and is solely responsible for the information contained therein.

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