Bloomberg News

Emdeon Said to Host Oct. 6 Lender Meeting for LBO Financing

October 04, 2011

Oct. 4 (Bloomberg) -- Emdeon Inc., the provider of billing systems and software for health-care companies, will host a lender meeting Oct. 6 at 9:30 a.m. in New York to discuss the financing backing its buyout by Blackstone Group LP, according to a person with knowledge of the transaction.

Bank of America Corp., Barclays Plc, Citigroup Inc., Goldman Sachs Group Inc. and SunTrust Banks Inc. are arranging the deal, which will include a $1.2 billion term loan maturing in seven years and a $125 million revolving line of credit maturing in five years, said the person, who declined to be identified because the terms are private.

To contact the reporter on this story: Michael Amato in New York at

To contact the editor responsible for this story: Chapin Wright at

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