White Oak Healthcare Finance acted as sole lender and administrative agent for a $395 million senior credit facility for Genesis Healthcare.
CIT Group’s Healthcare Finance unit served as the lead arranger of $93.7 million in combined financing for 19 healthcare facilities owned by New Generation Health and affiliates of Genesis Healthcare.
MidCap Financial and Apollo Investment closed a $555 million ABL facility for Genesis Healthcare. Genesis also expanded its existing $124 million term loan with affiliates of Welltower and Omega Healthcare.
As part of its restructuring plan, Genesis HealthCare closed a new $555 million ABL facility with MidCap Financial and expanded its term loan with Welltower and Omega Healthcare Investors.
Genesis HealthCare, a provider of post-acute care, has completed the refinancing of its term loan facility and entered into a new $120 million term loan with a lender group led by Welltower as administrative agent.
GE Capital, Healthcare Financial Services said it is serving as administrative agent on a $400 million asset-based revolving credit facility, and as syndication agent on a $325 million cash-flow term loan credit facility, for Genesis HealthCare.