Oxford Finance provides debt financing facility to Chosen Healthcare
December 02, 2015
Oxford Finance has announced the closing of a syndicated senior secured term loan and a revolving line of credit with Chosen Healthcare. CIT Bank and Opus Bank were co-lenders on the transaction; Oxford served as administrative agent and sole bookrunner on the unitranche term loan and sole lender on the revolver. Chosen Healthcare's services range from adult day care, memory care, speech and physical therapy to assisted or independent living, rehabilitation and hospice.