Brief: Caremax Says Drew $3 Mln Under Incremental Delayed Draw Term Loan Facility

Caremax

21/08/2024 12:21

Aug 21 (Reuters) - CareMax Inc  CMAX.O :
    * CAREMAX INC - DREW $3 MILLION UNDER ITS INCREMENTAL
DELAYED DRAW
TERM LOAN FACILITY
    * CAREMAX INC - EXPECTS TO USE PROCEEDS DRAWN UNDER CREDIT
AGREEMENT FOR SHORT TERM OPERATING EXPENSES
    * CAREMAX INC - CONTINUES TO PURSUE VARIOUS EQUITY AND DEBT
REFINANCING AND OTHER STRATEGIC ALTERNATIVES
    * CAREMAX- IF UNABLE TO IMPLEMENT PLANS OR RECEIVE ADEQUATE
RELIEF
FROM CREDITORS, LESSORS, CO WOULD BE LIKELY TO RESTRUCTURE UNDER
CHAPTER 11

Source text for Eikon:  ID:n0000950170-24-099388 
Further company coverage:  CMAX.O 

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