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Contract Type
agreement
Description
The Pennant Group, Inc. has increased its credit facility by $100 million to an aggregate of $250 million. The borrowings are supported by a lending consortium arranged by Truist Securities. The additional funds will be used to fund acquisitions, cover working capital needs, and for other business purposes.
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Agreement Insights
Based on industry dataContract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months