AccentCare credit facility led by GE Capital, Bank of Ireland, CIT

By Sara Rosenberg

New York, Jan. 6 - AccentCare Inc.'s proposed credit facility is being led by joint lead arrangers GE Capital, Bank of Ireland and CIT, with GE the left lead, according to a market source.

The bank meeting for the deal is expected to take place during the week of Jan. 31, the source said.

Details on the size and structure are not yet available.

Proceeds will be used to help fund the buyout of the company by Oak Hill Capital Partners.

AccentCare is an Irvine, Calif.-based provider of home health care services.

Following completion of the buyout, Oak Hill will merge AccentCare with Guardian Home Care Holdings Inc., a Brentwood, Tenn.-based provider of homecare and hospice services that was recently acquired from Friedman Fleischer & Lowe.

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