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ExamWorks Group $180 million revolver becomes available for funding
By Sara Rosenberg
New York, Nov. 4 - ExamWorks Group Inc.'s new $180 million senior revolving credit facility became available on Nov. 2, according to an 8-K filed with the Securities and Exchange Commission on Thursday.
The revolver, dated Oct. 11, became available for funding in connection with the completion of the initial public offering of the company's common stock.
Bank of America is the administrative agent on the deal.
The revolver was used to refinance an existing $110 million senior credit facility and is available for general corporate purposes.
ExamWorks is an Atlanta-based provider of independent medical examinations, peer and bill reviews, and related services to property and casualty insurance carriers, law firms, third-party claim administrators, government agencies and state funds.
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