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HealthCare Partners $294.5 million credit facility to launch Friday
By Sara Rosenberg
New York, Sept. 26 - HealthCare Partners is scheduled to hold a bank meeting on Friday to launch its proposed $294.5 million credit facility, according to a market source.
Bank of America and JPMorgan are the lead banks on the deal.
The facility consists of a $15 million revolver and a $279.5 million term loan B, the source said.
Proceeds will be used to fund the acquisition of JSA Healthcare Corp., a St. Petersburg, Fla., health care services provider.
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