NextGen Healthcare, a provider of ambulatory-focused technology solutions, entered into a $300 million second amended and restated revolving credit agreement with JPMorgan Chase as administrative agent, U.S. Bank and Bank of the West as co-syndication agents, and certain other agents and lenders.
This amended facility matures on March 12, 2026 and replaces NextGen Healthcare’s prior $300 million facility. This amended facility includes a $150 million “accordion” feature, which could accommodate borrowing up to $450 million in the aggregate.
“We are pleased to enter into this amended credit facility which provides us with increased financial flexibility for the next five years through additional borrowing capability at more favorable terms compared to our previous facility,” Jamie Arnold, chief financial officer for NextGen Healthcare, said.
