MCMC completes $120 million credit facility led by LBC Credit Partners

By Sara Rosenberg

New York, July 12 - MCMC LLC closed on a new $120 million senior credit facility, according to a news release.

LBC Credit Partners acted as the lead arranger and administrative agent on the deal.

Proceeds were used to fund the acquisition of Patriot Risk Management Inc., a managed care service business, and will provide for working capital.

MCMC is a Boston-based managed care and cost containment provider.

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