Harden Healthcare to launch $190 million credit facility on Tuesday

By Sara Rosenberg

New York, April 8 - Harden Healthcare will host a bank meeting Tuesday afternoon to launch a $190 million senior secured credit facility, according to a market source.

Barclays, Bank of America Merrill Lynch, CIT and Wells Fargo Securities LLC are the lead banks on the deal.

The facility is comprised of a $40 million revolver and a $150 million term loan B, the source said.

Proceeds will be used to refinance an existing credit facility and for general corporate purposes.

Harden Healthcare is an Austin, Texas-based provider of post-acute health care services.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.