US Acute Care Solutions completes Revolving Credit Facility and Senior Notes Issuance

Overview

Deal Type Debt Capital Markets
Size $170 Million
Senior Secured Revolving Credit Facility
$800 Million
9.75% Senior Secured Notes Due 2029
Client & Transactional Partners US Acute Care Solutions
Our Role Joint Lead Arranger
Joint Bookrunner

Summary

KeyBanc Capital Markets and Cain Brothers, a division of KeyBanc Capital Markets, successfully closed the syndication of a $170 million Senior Secured Revolving Credit Facility and $800 million Senior Secured Notes in support of US Acute Care Solutions.

The Facilities consist of a $170 million Revolving Credit Facility and $800 million 9.75% Senior Secured Notes. Proceeds will be used to refinance the Company's existing Senior Secured Notes due 2026, repay borrowings under the Revolving Credit Facility, and for general corporate purposes.  

US Acute Care Solutions, LLC is the largest majority physician-owned and -led provider of integrated acute care services in the U.S. The Company aligns with leading health systems to deliver outstanding patient care and clinical outcomes. Headquartered in Canton, Ohio, USACS employs approximately 5,900 clinicians, including 3,700 physicians and 2,200 advance practice providers, and annually serves over 10 million patient encounters across more than 400 acute care programs.

Chris Holden

Ryan Stilphen

KeyBanc Capital Markets Inc., Member FINRA/SIPC (“KBCMI”), and KeyBank National Association ("KeyBank N.A.") are separate, but affiliated companies. Securities products and services are offered by KeyBanc Capital Markets Inc. and its licensed securities representatives.

Securities products and services: Not FDIC Insured • No Bank Guarantee • May Lose Value

Banking products and services are offered by KeyBank N.A. All credit, loan, and leasing products are subject to collateral and/or credit approval terms, conditions, and availability and subject to change.

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