Vanguard Health seeking new $550 million credit facility

By Sara Rosenberg

New York, April 15 - Vanguard Health Systems Inc. is looking to get a new $550 million credit facility (B+) consisting of a $250 million revolver due 2009 and a $300 million term loan due 2011, according to a company spokesman.

No further details on the financing were available prior to press time.

Vanguard is a Nashville, Tenn., owner and operator of acute care hospitals and related health care services.

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