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U.S. Healthworks Announces $205 Million Refinancing

Tuesday, June 21, 2011 | 0

U.S. Healthworks announced that it completed a $205 million refinancing initiative on Monday.The Southern California-based occupational health care provider said that it obtained the refinancing, thanks to help from GE Capital, Healthcare Financial Services. The refinancing consisted of a $140 million first lien credit facility and a $65 million second lien credit facility. The first lien credit facility includes a $20 million revolving line of credit. “We are pleased with the interest from investors and the financial community,” said Daniel D. Crowley, chairman and CEO of U.S. Hea...

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