Schumacher gets $120 million revolver and term loan from GE Capital

By Marisa Wong

Madison, Wis., Oct. 20 – Schumacher Group obtained a $120 million senior credit facility from GE Capital, according to a news release.

The new facility consists of a $40 million revolver and an $80 million term loan, which will be used to refinance existing debt and to fund corporate growth.

GE Capital Markets acted as joint lead arranger and joint bookrunner for the facility. GE Capital’s Healthcare Financial Services business is the administrative agent.

Schumacher is a health care provider based in Lafayette, La.

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