Confluent Health shops $125 million incremental term loan

By Sara Rosenberg

New York, Jan. 31 – Confluent Health LLC is seeking a non-fungible $125 million incremental term loan due November 2028 (B3/B-), according to a market source.

Macquarie Capital (USA) Inc. is the lead on the deal.

Price talk is not public at this time.

Pricing is expected in mid-February, the source added.

Proceeds will be used to fund an acquisition.

Confluent Health is a Louisville, Ky.-based outpatient physical therapy provider.

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