Bloomberg News

National Healing Said to Seek $355 Million in Merger Loans

October 24, 2011

Oct. 24 (Bloomberg) -- National Healing Corp., a provider of wound- and disease-management solutions, is seeking $355 million of loans to fund a merger with Diversified Clinical Services, according to a person with knowledge of the transaction.

The financing will include a $250 million first-lien term loan due in six years, a $75 million second-lien term loan due in seven years and a $30 million revolving line of credit maturing in five years, said the person, who declined to be identified because the terms are private.

Jefferies Group Inc., Bank of Montreal and Royal Bank of Canada are arranging the deal for the Boca Raton, Florida-based company.

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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