Kindred At Home talks $2.3 billion loan at Libor plus 275-300 bps

By Sara Rosenberg

New York, Jan. 27 – Kindred At Home is shopping a $2.3 billion term loan that is talked at Libor plus 275 basis points to 300 bps with a 0% Libor floor and a par issue price, according to a market source.

J.P. Morgan Securities LLC is the lead on the deal.

Proceeds will be used to reprice an existing term loan.

Kindred At Home is a provider of home health and hospice services.

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