TruBridge, a leading provider of revenue cycle management and healthcare technology solutions, announced the refinancing of its existing credit facilities.
The Amended and Restated Credit Agreement includes a five-year term that expires in November 2030 with up to $250 million in senior credit facilities.
The total amount outstanding under the Company's credit facilities after the execution of the 2025 Credit Agreement is $168 million.
2025 Credit Agreement Details
Includes a five-year term, up to $250 million in senior credit facilities, and increases in borrowing capacity under the revolving credit and term loan facilities.
Financial Flexibility
The agreement enhances TruBridge's financial flexibility and positions the company for future growth opportunities.
Stakeholder Value
The company's disciplined capital allocation strategy aims to drive higher value for all stakeholders.
- The refinancing provides TruBridge with enhanced financial flexibility and access to additional funds for strategic initiatives and growth.
- The increased borrowing capacity under the credit facilities indicates a positive outlook for the company's financial health and expansion plans.
TruBridge's strategic move to refinance its credit facilities demonstrates a commitment to financial strength and growth. With a focus on stakeholder value and financial flexibility, the company looks poised for favorable results in the coming years.