Viemed Announces New Senior Secured Credit Facilities
Viemed Announces New Senior Secured Credit Facilities
Viemed Healthcare, Inc., a national leader in respiratory care and technology-enabled home medical equipment services, announced that it has entered into new syndicated credit facilities. These consist of a five-year senior secured revolving credit facility of up to $30 million and a five-year delayed draw term loan facility of up to $30 million, which may be borrowed in multiple drawdowns. The new credit facilities contain an accordion feature that allows the company to increase the size of the facilities by up to $30 million, for a total borrowing capacity of up to $90 million. These significantly increased commitments enhance Viemed’s financial flexibility and liquidity, providing capacity to complement the company’s impressive organic growth through strategic acquisitions. Viemed is a Bristol Investor Relations client.
Read the full press release here: Viemed Announces New Senior Secured Credit Facilities