Kindred At Home firms $2.25 billion term loan at Libor plus 275 bps

By Sara Rosenberg

New York, Feb. 5 – Kindred At Home finalized pricing on its $2.253 billion term loan at Libor plus 275 basis points, the low end of the Libor plus 275 bps to 300 bps talk, according to a market source.

The term loan still has a 0% Libor floor and a par issue price.

J.P. Morgan Securities LLC is the lead on the deal.

Proceeds will be used to reprice an existing term loan.

Kindred At Home is a provider of home health and hospice services.

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