Tue 10/04/2022 15:40 PM
ProMedica Health System is working with law firm Jones Day, said market sources. The legal mandate coincides with the Ohio-based healthcare company’s retention of Louis Robicheaux of Ankura Consulting earlier this spring
as interim CFO. Both Jones Day and Ankura Consulting have extensive experience in restructuring transactions.
The company has $2.2 billion in debt outstanding, including a $24.9 million 4.125% Series 2018A hospital revenue bond due 2042, insured by Assured Guaranty, which...
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