Debt Financings

Founded in 2018, HighFive focuses on the acquisition and development of endodontic and oral surgery practices in the southeastern United States.

California-based nonprofit City of Hope will place the tax-exempt or taxable refunding bonds that will carry a maximum final maturity in 2063 with Bank of America.

According to people familiar with the matter, Thoma Bravo is in discussions with private credit lenders about a possible financing deal, which would reduce the amount of equity the group would need to put up for the acquisition. 

Funding included debt, options and a convertible note.

The $425 million figure is expected to increase to $450 million "in early September," the system said. There is also flexibility to extend any revolving credit up to $175 million.

TapestryHealth is a nationwide multi-specialty healthcare company that utilizes advanced radar technology and AI enabling clinicians to deliver both in-person and remote care.

The new $380 million hospital project, which is expected to see its first patients in early 2025, is a seven-story facility featuring 226 beds and a neonatal intensive care unit.

Known as the Patient Care Tower, the five-story building will have 128 ICU patient beds and facilities for trauma care, neurosciences, cardiology, and general surgery.

Toledo, Ohio-based ProMedica, which called off plans to build a new Michigan hospital after it reported a $39.8 million second-quarter operating loss, is now seeking further extensions to existing covenant suspensions.

It’s the second major credit expansion for the fast-growing firm in the last 12 months. In December, it received an additional $125 million from existing lenders.