Air Medical Group to launch $750 million term loan B on Friday

By Sara Rosenberg

New York, April 19 – Air Medical Group Holdings Inc. is scheduled to hold a lenders’ meeting at 1 p.m. ET on Friday to launch a $750 million first-lien term loan B, according to a market source

Morgan Stanley Senior Funding Inc., KKR Capital Markets LLC, Jefferies Finance LLC, Nomura Securities International Inc. and Wells Fargo Securities LLC are the leads on the deal.

Proceeds will be used to fund the acquisition of Air Medical Resource Group, a South Jordan, Utah-based provider of air medical services, management, and experience in the air medical industry.

Air Medical is a Lewisville, Texas-based provider of air ambulance services.

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