The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Healthcare Finance Group Arranges $475MM Deal for Prime Healthcare
Monday, December 23, 2013
Lenders/Participants
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Healthcare Finance Group [Sole Lead Arranger] Sumitomo Mitsui Banking Corporation [Co-Arranger] Siemens Financial Services, Inc [Co-Syndication Agent] City National Bank [Co-Syndication Agent]
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Structure
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$225MM Revolver; $250MM Term Loan
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Amount
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$475.000
Million
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Borrower(s)
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Prime Healthcare Services, Inc.
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Description
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Comprised of a $225 million asset-based revolving facility and a $250 million senior secured term loan (a portion of which is to be available at a later stage). The term loan will be utilized to complete certain targeted acquisitions by Prime Healthcare and is fully secured by the real estate of the targeted acquisitions as well as by a variety of other collateral of Prime Healthcare.
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Industry
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Healthcare
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Location
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CA
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Related Tags |
Healthcare Finance Group
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ABL Advisor
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