MyEyeDr. increases incremental term loan amount to $125 million

By Sara Rosenberg

New York, March 30 – MyEyeDr. (MED ParentCo. LP) upsized its fungible incremental first-lien term loan due August 2026 to $125 million from $75 million, according to a market source.

Pricing on the incremental term loan remained at Libor plus 425 basis points with a 0% Libor floor and an original issue discount of 99.

Jefferies LLC is the lead arranger on the deal.

Recommitments were scheduled to be due at noon ET on Tuesday, the source added.

Proceeds will be used for general corporate purposes.

MyEyeDr. is an optometry platform. The company is affiliated with Capital Vision Services LP, which provides management services to MyEyeDr. optometrists and its practices with financial, marketing, human resources and account services, along with managed care credentialing and claims processing.

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