CHICAGO--(BUSINESS WIRE)--Oct. 13, 2005--GE Commercial Finance Healthcare Financial Services participated in a $675MM senior secured credit facility (revolver and term loan) with Concentra Operating Corporation, the largest outsource provider of occupational healthcare services in the United States.
Concentra will use the credit facility to fund future acquisitions and refinance existing debt. GE served as the documentation agent for this transaction, committing $47MM.
About GE Commercial Finance Healthcare Financial Services
GE Commercial Finance Healthcare Financial Services is a provider of capital, financial solutions, and related services for the global healthcare market. With over $13 billion of capital committed to the healthcare industry, GE Commercial Finance Healthcare Financial Services offers a full range of capabilities from equipment financing and real estate financing to working capital lending, vendor programs, and practice acquisition financing. With its knowledge of all aspects of healthcare from hospitals and long-term care facilities to physicians' practices and life sciences, GE Commercial Finance Healthcare Financial Services works with customers to create tailored financial solutions that help them improve their productivity and profitability. For more information, visit www.gehealthcarefinance.com.
Contacts
GE Commercial Finance Healthcare Financial Services
Deia Campanelli, 312-441-6169
[email protected]
Jeff Wilson
GE Capital Corporate Finance
[email protected]
1-203-749-6340