GMRS 8-K
GMR Solutions Inc. (GMRS)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 8.01 | Other Events. |
On September 11, 2026, Global Medical Response, Inc. (“GMR, Inc.”), a subsidiary of GMR Solutions Inc. (the “Company”), announced it has received binding commitments from lenders sufficient to complete a repricing transaction with respect to GMR, Inc.’s existing first lien term loan facility. A copy of the press release is attached hereto as Exhibit 99.1 and is hereby incorporated by reference.
The repricing transaction is expected to amend GMR, Inc.’s existing first lien term loan. In connection with the repricing transaction, GMR, Inc. expects to voluntarily prepay approximately $200 million of the outstanding first lien term loan. The amended term loan is expected to bear interest at a lower applicable interest rate margin than GMR, Inc.’s existing term loan. The applicable interest rate margin to the SOFR rate published by CME Group Benchmark Administration Limited (“SOFR”) will decrease from +3.25% to +2.75%, representing a reduction of approximately 50 basis points. The Company expects the repricing transaction and related debt repayment to result in approximately $28 million of annual cash interest expense savings.
The Company believes the transaction is consistent with its capital allocation strategy of using cash generated by the business to reduce indebtedness, lower borrowing costs and support its long-term deleveraging objectives.
The Company currently expects the repricing transaction to close on or about September 17, 2026, subject to the execution of definitive documentation and satisfaction of customary closing conditions.
This Current Report on Form 8-K contains forward-looking statements, including statements regarding the expected consummation, timing and benefits of the repricing transaction. Actual results may differ materially from those expressed or implied by these forward-looking statements as a result of various risks and uncertainties, including the failure to satisfy customary closing conditions or complete the transaction on the anticipated terms or timetable. The Company undertakes no obligation to update any forward-looking statements except as required by law.
| Item 9.01 | Financial Statements and Exhibits. |
| Exhibit No. |
Description |
| 99.1 | Press Release of GMR Solutions Inc. dated September 11, 2026. |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
2
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed by the undersigned hereunto duly authorized.
| GMR Solutions Inc. | ||
| Date: September 11, 2026 | ||
| By: | /s/ Thomas Cook | |
| Name: | Thomas Cook | |
| Title: | Executive Vice President, General Counsel and Secretary | |
Exhibit 99.1
GMR Solutions Inc. Secures Commitments for Term Loan Repricing; Plans $200 Million Debt Paydown
September 11, 2026 LEWISVILLE, Texas-- GMR Solutions Inc. (“GMR”) (NYSE: GMRS), the nation’s largest provider of emergency medical services, announced that Global Medical Response, Inc., the borrower under its first lien term loan, has obtained binding commitments to complete a repricing of its existing $2.9 billion Term Loan B facility due October 2032. In connection with the transaction, GMR expects to use approximately $200 million of cash on hand to repay outstanding term loan borrowings, reducing the outstanding principal amount of the facility to approximately $2.7 billion upon closing.
The repricing will reduce the applicable interest rate from SOFR +325 basis points to SOFR +275 basis points, reducing the applicable interest rate by 50 basis points.
“This transaction reflects the commitments we made to utilize cash generated by the business to reduce total leverage,” said Brian Tierney, chief financial officer of GMR. “The combination of the repricing and $200 million debt repayment is expected to generate approximately $28 million of annual interest savings, supporting our commitment to reducing leverage while strengthening financial flexibility.”
The transaction is expected to close on or about Sept. 17, 2026, subject to customary closing conditions.
About Global Medical Response
GMR is the nation’s largest provider of emergency medical services (EMS), delivering EMS and other essential out-of-hospital care in rural and urban communities that represent approximately 60% of the U.S. population. As the only national, fully integrated, air and ground EMS provider, GMR operates in approximately 1,400 counties across the country. A recognized innovator, GMR develops new solutions to meet evolving industry needs and expand access to high-quality care. With roughly 34,000 team members, GMR supports nearly 5.5 million patient encounters annually and performs a critical care intervention every 88 seconds. Its family of solutions includes ambulance EMS provider American Medical Response, as well as multiple air EMS organizations including Air Evac Lifeteam, REACH Air Medical Services, Guardian Flight, Med-Trans Corporation, and AirMed International.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws, including statements regarding the expected timing, consummation and benefits of the repricing transaction, the anticipated repayment of approximately $200 million of outstanding term loan borrowings, the expected reduction in the applicable interest rate margin, the anticipated outstanding principal amount of the term loan facility following the transaction, and the expected annual interest savings resulting from the transaction. Actual results may differ materially from those expressed or implied by these forward-looking statements due to a variety of risks and uncertainties, including the failure to satisfy customary closing conditions or complete the transaction on the anticipated terms or timetable. GMR undertakes no obligation to update any forward-looking statements except as required by law.
GMR
Contacts:
Media Contact:
Kirsten Gurmendi
Associate Vice President, Public Relations, GMR Solutions Inc.
[email protected]
877.418.2980
Investor
Contact:
Krister Sorensen
Vice President, Investor Relations, GMR Solutions Inc.
[email protected]