MedRisk readies launch of new credit facilities for Thursday

By Sara Rosenberg

New York, July 18 – MedRisk LLC is scheduled to hold a conference call on Thursday to launch new credit facilities, according to a market source.

Antares Capital is the lead on the deal.

Proceeds will be used to refinance existing credit facilities that consist of a $15 million revolver and a $200 million term loan.

The company is considering using some of its excess cash to pay down a portion of the existing term loan in connection with the refinancing, so the size of the new loan has not yet been finalized, the source added.

MedRisk is a King of Prussia, Pa.-based provider of outpatient physical medicine network services to the U.S. workers’ compensation industry.

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