AMN to use term loan and revolver borrowings for B.E. Smith buy

By Sara Rosenberg

New York, Nov. 17 – AMN Healthcare Services Inc. plans to use term loan borrowings and revolver draws under its credit facility to fund the $160 million acquisition of B.E. Smith, according to a news release.

Closing on the transaction is expected in early January, subject to regulatory approvals and customary conditions.

AMN Healthcare is a San Diego-based provider of health care workforce solutions and staffing services. B.E. Smith is a Lenexa, Kan.-based health care interim leadership placement and executive search firm.

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