Nobilis Healthcare receives $25M loan from GE Capital

GE Capital’s Healthcare Financial Services has given Nobilis Healthcare a $25 million credit facility.

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Nobilis plans to use the loan to refinance existing debt, working capital and general corporate purposes.

“We entered into this new relationship because we were confident it would help us continue to grow through 2015 and beyond,” said Chris Lloyd, CEO of Nobilis Health. “The HFS team enabled us to reduce our average borrowing costs and streamline our capital structure. We’re very pleased with the outcome.”

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