{ Banner Image }
Newsroom

M&R Health Care Transactional Practice Group in New York Closes $13 Million Credit Facility

PDF
April 6, 2016

On March 31, 2016, Mark Zafrin, Mark Frimmel and Ron Lebow, of M&R’s Health Care Transactional Practice Group in New York, closed a $13,000,000.00 credit facility for a health care client that operates emergency departments in hospitals throughout the country. The complex and challenging transaction involved thirty-three separate entities, and four different banks, across seven states. Further, as a consequence of this timely closing, the client avoided a potential $100,000 contractual penalty.