Ardent announces successful amendment and extension of term loan facility

Brentwood, tenn.--(business wire)--ardent health (nyse: ardt), a leading provider of healthcare in growing mid-sized urban communities across the u.s., today announced that it has successfully amended and extended its $777.5 million term loan facility. the new terms reduce the applicable interest rate by 50 basis points from term secured overnight financing rate (sofr) plus 2.75% to term sofr plus 2.25%. the transaction extends the maturity of the facility to september 2032. “this transaction e.
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