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Prospect News home > News index > List of issuers C > Headlines for Compassus LLC > News item
Published on 10/16/2019 in the Prospect News Bank Loan Daily.

Compassus readies launch of $400 million term loan B for Thursday

By Sara Rosenberg

New York, Oct. 16 – Compassus LLC is scheduled to hold a bank meeting on Thursday to launch a $400 million term loan B (B3), according to a market source.

BofA Securities Inc. is the left lead bank on the deal.

Proceeds will be used with equity to fund the acquisition of the company by TowerBrook Capital Partners and Ascension.

Compassus is a Nashville, Tenn.-based post-acute care company.


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