Daily News: October 24, 2013

BofA Renews $75MM Credit Line for NHC

National HealthCare announced it has renewed its one-year $75 million line of credit with Bank of America.

Robert Adams, CEO, said, “We are pleased to complete our sixth amendment to our credit agreement with Bank of America. The continued financial flexibility provided by this renewed credit line adds further momentum to our strategy of expanding our continuum of post-acute care services in our key integrated care markets including assisted living, skilled nursing, homecare and hospice.”

National HealthCare is a national operator of long-term healthcare and assisted living facilities.