Aveanna Healthcare Holdings Announces Agreement to Extend its $175 Million Securitization Facility
Monday, August 7th, 2023
Aveanna Healthcare Holdings Inc. (“Aveanna”) (NASDAQ: AVAH), a leading provider of care in the home to pediatric, adults, and geriatric patients, announced that it has amended its securitization facility to extend its maturity to July 31, 2026. The amended agreement continues to provide for total availability of $175 million.
Matt Buckhalter, Interim CFO of Aveanna, stated, “We are pleased to extend this credit facility with our banking partners. We believe that this facility provides ample liquidity for our business to invest in growth while focusing on our strategies of value-based care in the home. We remain confident in our balance sheet, and we thank our credit partners for their trust in us.”
Additional information may be found in the Company’s Current Report on Form 8-K filed today with the Securities and Exchange Commission. The company is scheduled to report its second quarter earnings on Thursday, August 10, 2023.