Bloomberg News

National Healing Said to Host Lender Meeting for Buyout Loan

October 28, 2011

Oct. 28 (Bloomberg) -- National Healing Corp., a provider of wound and disease management solutions, will host a lender meeting on Nov. 3 in New York to discuss $355 million in loans it’s seeking to fund a merger with Diversified Clinical Services, according to a person with knowledge of the transaction.

Jefferies Group Inc., Bank of Montreal and Royal Bank of Canada are arranging the financing that will include a $250 million first-lien term 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.

To contact the reporter on this story: Michael Amato in New York at mamato3@bloomberg.net

To contact the editor responsible for this story: Faris Khan at fkhan33@bloomberg.net


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