ExamWorks relaunches amendment to shift term loan debt to SOFR

By Sara Rosenberg

New York, April 20 – ExamWorks relaunched its negative consent amendment to transition its term loan to SOFR from Libor, this time offering ARRC standard CSA of 11.448 basis points one-month rate, 26.161 bps three-month rate and 42.826 bps six-month rate, according to a market source.

Previously, the company was offering 10 bps CSA.

BofA Securities Inc. is the administrative agent on the deal.

The amendment deadline is Wednesday, the source added.

ExamWorks is an Atlanta-based provider of independent medical examinations, peer reviews, bill reviews, Medicare compliance, record retrieval, document management and related services.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.