TruBridge Secures $250 Million Amended Credit Agreement with Regions Bank and Syndicate
TruBridge Inc. has announced the refinancing of its existing credit facilities through an Amended and Restated Credit Agreement, known as the 2025 Credit Agreement, with its syndicated lending partners and Regions Bank acting as Administrative Agent and Collateral Agent. The new agreement extends for five years, expiring in November 2030, and increases the company's senior credit facilities to up to $250 million. The maximum borrowing capacity under the revolving credit facility has been raised from $160 million to $180 million, while the term loan facility has grown from $54 million to $70 million. Following the execution of the agreement, the total outstanding under TruBridge's credit facilities stands at $168 million. The company's CFO, Vinay Bassi, highlighted that the refinancing enhances financial flexibility and positions TruBridge for future growth.
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