Aveanna Healthcare Announces Successful Debt Refinancing
Rhea-AI Summary
Aveanna Healthcare (Nasdaq: AVAH) has successfully completed a significant debt refinancing transaction. The company has refinanced its $886.0 million first lien term loans and secured $439.0 million in incremental first lien term loans, bringing the total to $1.325 billion with extended maturity to 2032.
Additionally, AVAH increased its revolving credit facility from $170.3 million to $250.0 million, extending its maturity to 2030. The company used the proceeds to fully repay its $415.0 million second lien term loans. Barclays Bank PLC and Jeffries Finance LLC acted as co-lead arrangers for the transaction.
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- Increased total first lien term loan debt to $1.325 billion from $886.0 million
- Added $439.0 million in incremental first lien term loans
News Market Reaction 10 Alerts
On the day this news was published, AVAH gained 4.70%, reflecting a moderate positive market reaction. Argus tracked a peak move of +2.1% during that session. Our momentum scanner triggered 10 alerts that day, indicating notable trading interest and price volatility. This price movement added approximately $81M to the company's valuation, bringing the market cap to $1.81B at that time.
Data tracked by StockTitan Argus on the day of publication.
ATLANTA, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Aveanna Healthcare Holdings Inc. (“Aveanna”) (Nasdaq: AVAH) today announced the closing of its refinanced first lien credit facility. The refinanced credit facility provides for the refinancing of the
Proceeds from the incremental first lien term loans were used to repay in full the existing second lien term loans in the amount of
Barclays Bank PLC and Jeffries Finance LLC served as co-lead arrangers.
“This refinancing marks another important milestone in the company's continued momentum,” said Matt Buckhalter, Chief Financial Officer. “By extending maturities and increasing our available liquidity, including our undrawn revolving facility, we have strengthened our balance sheet and enhanced our ability to execute on our strategy. This progress reflects the strong operating performance we've delivered and the confidence our financing partners have in our business."
“This successful refinancing reflects our operating performance and the proven value of our national home care platform,” said CEO, Jeff Shaner. “We are grateful to our capital partners for their unwavering support of our mission and their commitment to our continued growth and expansion.”
About Aveanna Healthcare
Aveanna Healthcare is headquartered in Atlanta, Georgia and has locations in 38 states providing a broad range of pediatric and adult healthcare services including nursing, rehabilitation services, occupational nursing in schools, therapy services, day treatment centers for medically fragile and chronically ill children and adults, home health and hospice services, as well as delivery of enteral nutrition and other products to patients. The company also provides case management services in order to assist families and patients by coordinating the provision of services between insurers or other payers, physicians, hospitals, and other healthcare providers. In addition, the company provides respite healthcare services, which are temporary care provider services provided in relief of the patient’s normal caregiver. The company’s services are designed to provide a high quality, lower cost alternative to prolonged hospitalization. For more information, please visit www.aveanna.com.
Investor Contact Matt Buckhalter Chief Financial Officer ir@aveanna.com
FAQ
What is the size of Aveanna Healthcare's (AVAH) new refinanced credit facility?
When do Aveanna Healthcare's (AVAH) new credit facilities mature?
How much did Aveanna Healthcare (AVAH) increase its revolving credit facility?
What was the purpose of Aveanna Healthcare's (AVAH) incremental term loan borrowing?
Who were the arrangers for Aveanna Healthcare's (AVAH) debt refinancing?
