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Prospect News home > News index > List of issuers M > Headlines for MP TotalCare > News item
Published on 8/17/2004 in the Prospect News Bank Loan Daily.

MP TotalCare gets new $100 million credit facility

By Sara Rosenberg

New York, Aug. 17 - MP TotalCare Inc. closed on a new $100 million credit facility. GMAC-RFC Health Capital provided the loan.

Proceeds were used to acquire Gericare Providers Inc., to retire existing debt, and to support future acquisitions and working capital needs, according to a company news release.

MP TotalCare is a Tampa, Fla.-based distributor of pharmaceutical products and medical supplies.


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