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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
CIT Healthcare Provides $136.9MM Credit Facility for CommuniCare
Tuesday, January 23, 2018
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Lenders/Participants
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CIT Healthcare [Lender]
CIT Group [Administrative Agent]
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Structure
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Senior Secured Credit Facility
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Amount
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$136.900
Million
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Borrower(s)
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CommuniCare Health Services Inc.
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Description
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The credit facility is comprised of a $121.9 million real estate term loan and a $15 million revolving asset-based line of credit. Proceeds provide working capital, finance acquisition of 10 skilled nursing facilities. Transaction details not disclosed.
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Industry
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Healthcare
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Location
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OH
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| Related Tags |
CIT Group, CIT Healthcare Finance
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ABL Advisor
Deal Tables
2024
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