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U.S. Acute Care to pay down revolver drawings with notes proceeds
By Sara Rosenberg
New York, April 29 – U.S. Acute Care Solutions LLC plans to repay borrowings under its revolving credit facility using a portion of the proceeds from an $800 million senior secured notes offering, according to a market source.
Remaining proceeds from the notes will be used to refinance the company’s existing senior secured notes.
U.S. Acute Care is a Canton, Ohio-based physician-owned and physician-led provider of integrated acute care services.
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