Item 1.02 Termination of a Material Definitive Agreement.

On May 3, 2021, Aveanna Healthcare Holdings Inc., a Delaware corporation (the "Company"), using a portion of the proceeds from its initial public offering (the "Offering") of its common stock described in the prospectus dated April 28, 2021 (the "Prospectus"), filed with the Securities and Exchange Commission pursuant to Rule 424(b) of the Securities Act of 1933, as amended, which is deemed to be part of the Registration Statement on Form S-1 (File No. 333-254981), (i) repaid in full all outstanding obligations under that certain Second Lien Credit Agreement, dated as of March 16, 2017 (as amended, the "Second Lien Credit Agreement"), by and among the Company (formerly known as BCPE Eagle Buyer LLC) as borrower, Aveanna Healthcare Intermediate Holdings LLC (formerly known as BCPE Eagle Intermediate Holdings, LLC), Royal Bank of Canada, as administrative agent and collateral agent, and the lenders party thereto, and (ii) terminated the Second Lien Credit Agreement. The aggregate principal amount paid on May 3, 2021 to terminate the Second Lien Credit Agreement was $307.0 million. In connection with the termination of the Second Lien Credit Agreement, all security interests and pledges granted to the secured parties thereunder were terminated and released. A description of the terms and conditions of the Second Lien Credit Agreement is contained in the Prospectus under the heading "Description of Certain Indebtedness-The Second Lien Term Facility," and such description is incorporated by reference in this Item 1.02.




Item 8.01 Other Events.


On May 4, 2021, using a portion of the proceeds from the Offering, the Company repaid $100.0 million principal amount of its outstanding indebtedness under that certain First Lien Credit Agreement, dated as of March 16, 2017 (as amended, the "First Lien Credit Agreement"), by and among the Company (formerly known as BCPE Eagle Buyer LLC) as borrower, Aveanna Healthcare Intermediate Holdings LLC (formerly known as BCPE Eagle Intermediate Holdings. LLC), Barclays Bank PLC, as administrative agent and collateral agent, and the lenders party thereto. In addition, on May 4, 2021, the Company satisfied the conditions precedent under the First Lien Credit Agreement to increase the total available revolving commitment thereunder by $125.0 million to an aggregate of $200.0 million.

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