American Medical to launch $320 million credit facilities Wednesday

By Sara Rosenberg

New York, March 8 – American Medical Technologies is scheduled to hold a lender call on Wednesday to launch $320 million of credit facilities, according to a market source.

Truist and Regions Bank are the leads on the deal.

The facilities consist of a $40 million revolver and a $280 million term loan B, the source said.

Proceeds will be used to fund the acquisition of RestorixHealth, a White Plains, N.Y.-based wound care management company.

Closing is expected in the second quarter, subject to customary conditions and receipt of required regulatory approvals.

American Medical, a portfolio company of One Equity Partners and The Silverfern Group, is an Irvine, Calif.-based provider of wound care, ostomy, urology and tracheostomy supplies and services to long term and post-acute care facilities.

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