Kindred Healthcare to draw on revolver for Senior Home Care purchase

By Sara Rosenberg

New York, Nov. 4 - Kindred Healthcare Inc. plans on using borrowings under its revolving credit facility and cash on hand to fund the $95 million acquisition of Senior Home Care Inc., according to a news release.

Closing is expected this quarter, subject to regulatory approvals and other customary conditions.

Kindred Healthcare is a Louisville, Ky.-based health care services company. Senior Home Care is a home health provider.

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