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AccentCare readies launch of $170 million credit facility for Monday
By Sara Rosenberg
New York, July 14 – AccentCare will hold a bank meeting on Monday to launch a $170 million senior credit facility, according to a market source.
GE Capital Markets is the lead on the deal.
The facility consists of a $30 million five-year revolver, a $105 million six-year first-lien term loan B and a $35 million seven-year second-lien term loan, the source said.
Proceeds will be used to refinance existing debt.
AccentCare, an Oak Hill portfolio company, is a Dallas-based home health provider.
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