Aveanna Healthcare Holdings Inc. Announces Refinancing of Credit Facilities

Aveanna Healthcare Holdings Inc. has entered into a refinancing agreement to amend its existing credit facilities. The refinancing includes the establishment of new term loan and revolving credit facilities, totaling $1.325 billion and $250 million, respectively. The new term loan facilities consist of $885.95 million in refinancing term loans and $439.05 million in incremental term loans. The revolving credit facilities include $170.33 million in refinancing commitments and $79.67 million in incremental commitments. The proceeds from the refinancing will be used to repay existing term loans, fund working capital, and for general corporate purposes. The maturity dates for the new facilities are set for September 17, 2030, for the revolving credit facility and September 17, 2032, for the term loan facility.