Thu 02/10/2022 15:51 PM
Envision Healthcare is working with PJT Partners as investment banker and Alvarez & Marsal as financial advisor to evaluate capital structure options and improve operational efficiency, according to sources. The company’s counsel is Kirkland & Ellis, they added.
The physician staffing company’s $550 million ABL facility and $300 million cash flow revolver, both due November 2023, were heavily drawn at the end of the
third quarter. Envision has been
burning cash amid rate pressure from...
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