HCA completes amendment that allows for repayment, extension of loans

By Sara Rosenberg

New York, June 22 -HCA Inc. successfully amended its credit facility, allowing for new term loans, the extension of existing term loan maturities and the establishment of a replacement revolver, according to an 8-K filed with the Securities and Exchange Commission on Monday.

Proceeds from the new term loans would be used to refinance existing term loans, and the new loans would have a later maturity date.

The replacement revolver would have similar terms to the existing revolver except maturity and pricing would be changed.

The amendment was completed on June 18.

Bank of America is the agent on the deal.

HCA is a Nashville-based owner and operator of hospitals and surgery centers.

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