Medical Solutions has wrapped up a fully consensual liability management exercise with its lenders, months after launching a multi-tiered exchange for its term loans, said three sources familiar with the matter. The transaction bolsters the Centerbridge-backed healthcare staffing company’s liquidity and extends the maturities of its term loans by two years. The deal garnered almost full participation from lenders, according to the sources. Lenders provided fresh capital via a USD 125m first out term loan due 2030, the sources said.
Read the full article: Medical Solutions Closes on Consensual LME Deal //
Source: https://ionanalytics.com/insights/debtwire/medical-solutions-closes-on-consensual-lme-deal/