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White Oak Announces Financing by New Healthcare Finance Platform

September 21, 2016, 07:04 AM
Filed Under: Healthcare

White Oak Healthcare Finance completed a $30.0 million senior secured revolving credit facility to a company that operates full-service acute care hospitals. The company creates solutions for hospitals by improving healthcare infrastructures. The proceeds were used to refinance existing  bank indebtedness and provide additional working capital. White Oak Healthcare Finance served as administrative agent and sole lender for this transaction.
White Oak provides middle market borrowers with financing for growth, acquisition, recapitalization and working capital. With approximately $2.7 billion of capital invested in over 100 loans, we understand the unique challenges facing middle market businesses. Our investment team specializes in customized financing structures designed to achieve our borrowers' objectives.

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