Tenneco Inc. (NYSE: TEN) announced today that it has entered into an
amendment and restatement to refinance its existing $1.063 billion
senior credit facility with a new $1.5 billion senior credit facility.
GE Capital’s Healthcare Financial Services (HFS) business announced
today that it is serving as the administrative agent on a $120 million
senior credit facility for Schumacher Group, one of the largest
emergency medicine, hospital medicine, care management and medical
billing companies in the U.S.
The new facility consists of a $40 million revolver and an $80 million
term loan, which will be used to refinance existing debt and to fund
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