Concentra amends loan, increasing cap on permitted acquisitions

By Sara Rosenberg

New York, Aug. 4 - Concentra Operating Corp. amended its credit facility, increasing by $20 million per year the cap on the amount of acquisition capital expenditures, permitted acquisitions and investments in permitted joint ventures, according to an 8-K filed with the Securities and Exchange Commission Thursday.

The amendment was completed on July 29.

JPMorgan Chase Bank is the administrative agent on the deal.

Addison, Texas-based Concentra Operating, a wholly owned subsidiary of Concentra Inc., is a comprehensive outsource solution for containing health care and disability costs.

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