Credit Suisse-led Bank Group Ends AAC Forbearance

The Nashville Post reported AAC Holdings’ main called a premature end to the grace period extended last October because the company remains in default on its loan and hasn’t provided a three-year business plan.

Credit Suisse Agents $65MM AAC Holdings Acquisition Financing

Credit Suisse Securities (USA) provided a $65 million acquisition financing commitment and a senior secured incremental term loan facility for AAC Holdings.

Credit Suisse Agents New $250MM Facility for AAC Holdings

AAC Holdings closed a new $210 million senior secured term loan facility and $40 million revolving credit facility. Credit Suisse served as administrative agent for the transaction.