White Oak Healthcare Finance acted as sole lead arranger and administrative agent on the funding of a $30 million senior credit facility to University Health System (UHS), a division of Biomedical Research Foundation of Northwest Louisiana.
“BRF plays a very important role and provides a significant level of critical care to the communities that it serves,” said WOHCF’s Managing Director and Partner, Isaac Soleimani. “Our team has extensive experience financing hospitals and we are extremely happy to have added BRF and its experienced management team as a new client.”
University Health System provides advanced healthcare for patients in Shreveport, Monroe and other surrounding areas in Louisiana. It operates the region’s only Level 1 Trauma Center and employs 3,000 people in the community.