BRIEF-Cano Health Inc Says DIP Lenders Will Provide New Financing Commitments To Cano Health, LLC Under New Money Delayed Draw Term Loan Facility Of $150 mln

Reuters

2024/02/08

Feb 7 (Reuters) - Cano Health Inc :

* CANO HEALTH INC - DIP LENDERS WILL PROVIDE NEW FINANCING COMMITMENTS TO CANO HEALTH, LLC UNDER NEW MONEY DELAYED DRAW TERM LOAN FACILITY OF $150 MILLION

* CANO HEALTH: ON FEB 7, CANO HEALTH LLC & PRIMARY CARE (ITC) INTERMEDIATE GOT INTO SENIOR SECURED SUPERPRIORITY DEBTOR-IN-POSSESSION CREDIT AGREEMENT

* CANO HEALTH-UNDER DIP FACILITY $50 MILLION HAS BEEN FUNDED, $100 MILLION WILL BE AVAILABLE FOLLOWING BANKRUPTCY COURT APPROVAL OF DIP FACILITY ON FINAL BASIS

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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