Cahill Represents Debt Financing Sources in US Acute Care Solutions’ $970 Million Debt Financings
Date: 05/08/24
Cahill represented the lead arrangers in connection with an amendment and restatement to US Acute Care Solutions, LLC’s $170 million revolving credit facility.
Proceeds from the credit facility will be used for general corporate purposes.
Cahill also represented the initial purchasers in connection with US Acute Care Solutions’ Rule 144A offering of $800 million aggregate principal amount of 9.750% senior secured notes due 2029. Proceeds from the offering were used to refinance existing indebtedness and for general corporate purposes.
US Acute Care Solutions is the largest majority physician-owned and physician led-provider of integrated acute care services in the United States.