The Ensign Group and its operating subsidiaries increased their credit facility by $200 million to an aggregate of $450 million. The borrowings are supported by a lending consortium arranged by SunTrust Robinson Humphrey and Wells Fargo Securities.

The new facility matures on February 5, 2021 and includes a $300 million revolving line of credit and a new $150 million term loan component, which will be deployed immediately to pay down previously drawn amounts on Ensign’s revolver. The credit facility also includes a $150 million expansion option, among other things.

Mission Viejo, CA-based The Ensign Group provides skilled nursing and assisted living services, physical, occupational and speech therapies, home health and hospice services, urgent care services and other rehabilitative and healthcare services at 207 operations, 16 hospice agencies, 17 home health agencies, three home care businesses and 14 urgent care clinics across the country.