LifePoint Hospitals entered into a credit agreement with Citibank as administrative agent, and Bank of America Merrill Lynch and Barclays as joint lead arrangers and joint book-runners, and other lenders. The credit agreement provides for a $450.0 million term loan and a $350 million revolving credit facility, which matures in July 2017. The credit facility includes an accordion feature that, subject to certain conditions and additional commitments from lenders, would allow further expansion, the amount of which is a function of the company
Citibank Agents Facility for LifePoint Hospitals
July 25, 2012
Industry News
Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!