Giving Home Health Care Secures $300M Credit Facility
Brightwood Capital Advisors led.
March 22, 2023
Northwood Hospital in ND Gets $25M USDA Loan for Facility Addition, Renovation
The loan comes from USDA Rural Development's Community Facilities Program, which provides affordable funding to develop community facilities in rural areas.
March 6, 2023
Cano Health Takes Out $150M Loan, Reports Preliminary Loss of $302M
The loan, which matures November 2027, initially bears 14 percent interest for the first two years and then will bear 13 percent, Cano said.
February 28, 2023
Fitch Revises Rating Watch on Butler Health System (PA) to Negative After Breach of Debt Coverage
"Butler financial results through December 31 suggest that its operating challenges persist, exacerbated by inflationary pressures on labor and supplies, but also patient volumes, which have yet to rebound to pre-pandemic levels," Fitch said.
February 24, 2023
Apollo, HPS Pile into Record $5.5B Private Credit Deal
Blackstone along with multiple other lenders, is also expected to participate in the financing for Carlyle Group' Inc.’s 's acquisition of half the company currently owned by Veritas Capital.
February 17, 2023
CVS to Issue Bonds to Fund $8B Signify Health Acquisition; Closing Expected in Q2
Underwriters of the bond offering are BofA, Barclays, J.P. Morgan, Citigroup, and Wells Fargo.
February 15, 2023
Lane Regional Medical Center in Zachary, LA Secures $80M Loan
The loan will be used for construction of an 82,000-square-foot, four-story tower, which will house a new patient nursing unit, a surgery unit with a central sterile services department, an ICU waiting room, and administrative and general support space.
January 24, 2023
High Interest Rates Delay $23M Colorado Hospital Upgrades
The approved ballot measure allows the hospital district to restructure its bond debt to finance $23 million in hospital improvements. However, to move forward with the refinancing and construction projects, interest rates must be 5% or lower.
January 17, 2023
Hazel Hawkins Hospital Receives $3M Loan From State to Extend Funding
This loan will give the hospital more time to find a strategic partner, as it was estimated the hospital would have run out of money by Feb. 18.
January 13, 2023
StroudwaterGCL Completes $58M in Financing for Towner County Medical Center in ND
The new facility will have 30 skilled nursing beds, five basic care beds and eight inpatient rooms.
December 22, 2022