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Published on 4/5/2021 in the Prospect News Bank Loan Daily.

CRH Medical draws on credit facility for Lake Lanier acquisition

Chicago, April 5 – CRH Medical Corp. funded its acquisition of the remaining 25% interest in Lake Lanier Anesthesia Associates through a combination of the company’s credit facility and cash on hand, according to a press release.

The company acquired the other 75% of the gastroenterology anesthesia practice in June of 2020.

The company received a $125 million three-year revolving credit facility in October of 2019.

CRH is a commercial health-care products and services company based in Vancouver, B.C.


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