U.S. Physical Therapy Announces $450M Credit Facility

U.S. Physical Therapy, Inc. (“USPH” or the “Company”) (NYSE, NYSE Texas: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, announces the closing of a $450 million, five-year credit facility that includes a $175 million term loan and a $275 million revolver with a maturity date of April 14, 2031. Based on strong lender support, the credit facility was upsized from its initial $400 million launch amount. Chris Reading, Chairman and CEO, stated, “Along with cash flow from operations, this upsized facility will allow us to continue to grow our portfolio of physical therapy and industrial injury prevention businesses, while at the same time returning capital to our shareholders.”

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Source: https://www.businesswire.com/news/home/20260415626925/en/U.S.-Physical-Therapy-Announces-%24450-Million-Credit-Facility

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