Gentiva $1.96B TLB for A&E; call June 10

Gentiva Health Services has announced a $1.96 billion term loan facility (TLB) to support its acquisition and integration activities, with a call date set for June 10, 2026. This financing follows Gentiva’s recent acquisition of ProMedica’s home health, hospice, and palliative care business, which was finalized in November 2023. The transaction added over 4,000 associates to Gentiva’s workforce and expanded its footprint across multiple states. The company has emphasized its commitment to enhancing caregiver recruitment and retention, as well as improving access to care services for patients.

The TLB is supported by a consortium of financial institutions, including Goldman Sachs Bank USA, Deutsche Bank Securities Inc., UBS Investment Bank, and others, who also served as financial advisors during the ProMedica acquisition. Gentiva’s leadership, including CEO David Causby, has stated that the new financing will facilitate the integration of acquired operations and support continued growth in hospice, palliative, and home care services. As the June 10 call date approaches, investors will be closely monitoring Gentiva’s capital structure and strategic direction in the post-acute care sector.