Apria Healthcare expected to launch new term loan on Wednesday

By Sara Rosenberg

New York, March 19 - Apria Healthcare Group Inc. is set to hold a bank meeting on Wednesday morning, according to sources.

Bank of America Merrill Lynch is the lead bank on the deal.

Talk is that the company will launch a $750 million term loan, sources said.

Proceeds will be used to refinance existing debt.

Apria is a Lake Forest, Calif.-based home health care services company.

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