Brief: ModivCare Raises $105 Mln In Incremental Financing Backed By Stakeholders

ModivCare

10/01/2025 11:02

Jan 10 (Reuters) - ModivCare Inc  MODV.O :
    * MODIVCARE RAISES $105 MILLION IN INCREMENTAL FINANCING
BACKED BY
STAKEHOLDERS ACROSS THE CAPITAL STRUCTURE AND TAKES STRATEGIC
STEPS TO POSITION BUSINESS FOR THE FUTURE
    * WITHDRAWS PREVIOUSLY STATED REVENUE AND ADJUSTED EBITDA
GROWTH
GUIDANCE
    * ‍$75 MLN IN INCREMENTAL TERM LOAN AND $30 MLN IN NEW
SECOND LIEN
NOTES​

Source text:  ID:nBw7xhZrWa 
Further company coverage:  MODV.O 

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