AMN Healthcare gets $30 million term B add-on for stock purchase

By Sara Rosenberg

New York, May 15 - AMN Healthcare Inc. closed on a $30 million term loan B add-on that was used to fund the purchase of 1.852 million shares of the company's stock on Monday, according to an 8-K filed with the Securities and Exchange Commission.

The add-on carries an initial interest rate of Libor plus 200 basis points, which is in line with existing term loan B pricing.

Bank of America is the administrative agent on the deal.

AMN is a San Diego-based health care staffing company.

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