Greenway launches $375 million term loan at SOFR plus 575-600 bps

By Sara Rosenberg

New York, Nov. 2 – Greenway Health LLC launched on Thursday its $375 million 5.25-year first-lien term loan with price talk of SOFR plus 575 basis points to 600 bps with a 0% floor and an original issue discount of 97, according to a market source.

The term loan has 101 soft call protection for one year.

Jefferies LLC is the left lead arranger on the deal.

Commitments are due at noon ET on Nov. 15, the source added.

Proceeds will be used to refinance existing debt.

Greenway Health is a Tampa, Fla.-based provider of software solutions to office-based physician practices and community health centers.

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