Wed 02/22/2023 11:37 AM
An ad hoc group of lenders to Greenway Health has organized with Paul Hastings as legal advisor as the highly leveraged electronic health records vendor faces near-term debt maturities, according to sources.
The Vista Equity Partners-backed company has a $30 million revolver due November as well as a $500 million term loan due February 2024 that has become current, the sources said. The revolver was undrawn as of Sept. 30, 2022, they added. The term loan was quoted today at 73/76, according...
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