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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Suntrust Bank Agents $290MM Syndicated Credit Facility for Apollo Medical Holdings
Friday, September 13, 2019
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Lenders/Participants
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SunTrust Bank [Administrative Agent]
SunTrust Robinson Humphrey [Left Lead Arranger]
JPMorgan Chase Bank [Joint Lead Arranger, Joint Bookrunner]
MUFG Union Bank, N.A [Joint Lead Arranger, Joint Bookrunner]
Royal Bank of Canada [Joint Lead Arranger, Joint Bookrunner]
Preferred Bank [Joint Lead Arranger, Joint Bookrunner]
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Structure
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$100MM Revolver; $190MM Term Loan
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Amount
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$290.000
Million
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Borrower(s)
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Apollo Medical Holdings, Inc.
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Description
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The new aggregate $290 million credit facility consists of a $190 million senior secured term loan and a $100 million revolving credit facility, among other facilities, that will mature in 2024. The initial pricing of the term loan is LIBOR plus 2.50%. Initial funding from the new loan facility allows the Company to refinance its current outstanding debt and allows the Company to complete the series of agreements with two of its affiliates, AP-AMH, and APC.
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Industry
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Medical
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| Related Tags |
JPMorgan Chase Bank, MUFG Union Bank, Preferred Bank, Royal Bank of Canada, SunTrust Bank, SunTrust Robinson Humphrey
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ABL Advisor
Deal Tables
2024
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