Concentra plans $31.623 million term loan prepayment

By Sara Rosenberg

New York, Feb. 14 - Concentra Operating Corp. plans to prepay $31.623 million of outstanding senior term loan debt at the end of the first quarter using excess cash flow, according to a company news release.

Of the total amount, $14.123 million is being prepaid in compliance with the excess cash flow covenants contained in the facility and $17.5 million is being made as optional prepayment.

Concentra is an Addison, Texas, provider of services designed to contain health care and disability costs.

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