AdaptHealth Corp. recently announced a strategic move to strengthen its financial position by prepaying $65 million on its outstanding term loan. This prepayment follows a previous $70 million prepayment made in May, which was largely funded through the sale of certain incontinence assets. The latest prepayment was made possible through the proceeds from the sale of certain infusion assets, as part of AdaptHealth's effort to streamline its focus by exiting ancillary product lines. The company aims to reduce its debt burden and enhance value for shareholders with these financial maneuvers.
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