Capital One Healthcare served as agent, joint lead arranger and sole bookrunner for a $250 million credit facility encompassing a $125 million revolver, a $45 million term loan and an $80 million delayed-draw term loan for Addus HomeCare.
NewTek Small Business Finance, a licensed SBA lender subsidiary of NewTek Business Services, increased its existing revolver through Capital One by $50 million to $100 million.
Addus HomeCare closed a second amended and restated credit agreement providing for an increase of its revolving line of credit by $25 million to $100 million. Fifth Third Bank is administrative agent and a lender.
Addus HomeCare has completed a credit agreement that expands its credit facilities to $100 million from $55 million. Fifth Third served as administrative agent on the transaction.