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AdaptHealth ( (AHCO) ) has issued an announcement.
AdaptHealth Corp., a national provider of at-home healthcare solutions, has successfully refinanced its senior secured credit facility, enhancing its financial flexibility. The company announced the closing of a new $950 million credit facility, which includes a $650 million term loan and a $300 million revolving line of credit, set to mature in September 2029. This refinancing allows AdaptHealth to repay its existing term loan ahead of its 2026 maturity and reduces the size of its revolving credit, leading to lower fees and decreased interest rates. The move, involving 13 lenders, underscores the company’s commitment to long-term growth and cost-effective capital management.
For an in-depth examination of AHCO stock, go to TipRanks’ Stock Analysis page.
