DHI Group to reduce revolver debt with Health eCareers sale proceeds

By Sarah Lizee

Olympia, Wash., Dec. 5 – DHI Group, Inc. plans to reduce the balance of its revolving credit facility using proceeds from the sale of its Health eCareers business to Energy Health Professional, according to an 8-K filing with the Securities and Exchange Commission.

The transaction closed on Monday for roughly $15 million in cash.

The company will also use proceeds to support strategic initiatives.

DHI is a New York-based online recruiting firm. It was formerly known as Dice Holdings, Inc.

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