Accendra Health, Inc., a leading publicly traded nationwide provider of products, technology and services that support health beyond the hospital, in a comprehensive refinancing transaction that included (i) exchange offers for its outstanding 2029 and 2030 unsecured senior notes, (ii) the issuance of $326.25 million in new-money first lien notes to refinance its term loan A facility and (iii) the establishment of a new $300 million revolving credit facility replacing its existing $450 million revolving credit facility.
National Resilience, a leading a North American contract development and manufacturing organization (CDMO), in a comprehensive out-of-court restructuring of certain lease obligations and a corresponding capital raise of $825 million of new money from Oak Hill Advisors and its co-investors. The comprehensive transactions provide National Resilience with capital to pay down existing debt and fund capital expenditures to build out manufacturing capabilities to support its diverse customer base.
Wellness Pet, LLC and certain of its affiliates, a provider of premium natural pet food, treats and dental chews, in a refinancing and new money financing transaction that raised $100 million of capital and meaningfully extended the maturity of the company’s ABL facility. In addition to the $100 million of new capital investment, the transactions provided for the refinancing of Wellness Pet’s existing term loan facility.
