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Giving Home Health gets $300 million senior secured loan via Brightwood
By Marisa Wong
Los Angeles, March 21 – Giving Home Health Care obtained a $300 million senior secured credit facility led by Brightwood Capital Advisors, according to a press release.
The financing was used to support Giving Home’s recent partnership with FS Investments and to fund its strategic growth initiatives.
Giving Home was advised by Braff Group and Polsinelli. FS Investments was advised by Orrick Herrington & Sutcliffe LLP. Brightwood Capital was advised by Akin Gump Strauss Hauer & Feld LLP.
Based in Las Vegas, Giving Home coordinates skilled and unskilled home health and home aid services to long-term chronically ill individuals in Arizona, Colorado, Nevada, New Mexico, Texas and Utah. These individuals typically suffer from a work-related accident or toxic exposure.
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