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Published on 9/6/2017 in the Prospect News Bank Loan Daily.

Eating Recovery to launch $325 million credit facilities on Sept. 27

By Sara Rosenberg

New York, Sept. 6 – Eating Recovery Center is scheduled to hold a lender meeting on Sept. 27 to launch $325 million of senior credit facilities, according to a market source.

Antares Capital LP and Golub Capital Markets LLC are the leads on the deal.

Proceeds will be used to help fund the acquisition of a controlling stake in the company by CCMP Capital Advisors LP from Lee Equity Partners and certain other investors.

Closing is expected in the third quarter, subject to customary conditions.

Eating Recovery Center is a Denver-based provider of comprehensive treatment for eating disorders.


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