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Sun Healthcare extends revolver
New York, March 7 - Sun Healthcare Group, Inc. said it extended its $75 million senior secured revolving credit facility with CapitalSource Finance LLC as collateral agent.
The facility now expires on March 1, 2007 instead of Sept. 5, 2003.
Under the amended facility, Sun also has more flexibility to make capital expenditures.
Sun is an Irvine, Calif., provider of long-term and postacute care facilities.
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