Opus Bank is pleased to announce it provided:

Title: Senior Secured Credit Facilities
Amount: $20,000,000
Month: April
Year: 2016

Senior Secured Credit Facilities

Opus Bank’s Healthcare Banking division provides $20,000,000 Senior Secured Credit Facilities to a prominent behavioral health provider

Overview of Transaction

  • The company is a leading provider of home and community-based residential and behavioral services to adults and children with intellectual and developmental disabilities.
  • Opus Bank (“Opus”) was the sole provider of the senior credit facilities.

Significance of Transaction

  • Opus provided a $16,500,000 term loan and a $3,500,000 revolving line of credit.
  • The credit facilities provided by Opus will help support the company’s overall capital structure while also providing the necessary capital to support future growth plans.

Opus Bank's Role

  • Opus Bank’s Healthcare Banking division worked closely with management and its advisors in order to provide a financing structure that was appropriate and aligned with the company’s strategic corporate and growth plan.

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