Monday, March 5, 2012

Genesis Gets $415M Facility.(Genesis Health Ventures Inc.)(Brief Article)(Statistical Data Included)

Goldman Sachs and First Union are co-arranging a $415 million credit facility for Genesis Health Ventures Inc. and its subsidiary Multicare.

The deal will be broken into a five-year, $125 million revolving credit, and two five-and-a-half-year term loan B tranches. One is a $55 million delayed-drawn term loan B, while the other is a $235 million term loan B. Pricing is expected to be Libor plus 325 basis points on the revolver and …

No comments:

Post a Comment