Pointe Group gets $57.2 million credit facility, revolver

By Taylor Fox

New York, March 15 – Pointe Group Care LLC closed a $57.2 million senior credit facility and revolving line of credit with Oxford Finance LLC, according to a news release.

The funds were used for working capital, to refinance existing debt and to support the acquisition of four additional long-term care facilities located in Florida.

Norwood, Mass.-based Pointe Group is an owner and operator within the skilled nursing and assisted living industry.

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