Change Healthcare Holdings, LLC’s $785 Million Credit Facility


Cahill represented the lead arrangers in connection with an amended and extended $785,000,000 revolving credit facility, which included an increase to the commitments thereunder of $285,000,000, for Change Healthcare Holdings, LLC (the Borrower).

Change Healthcare Holdings, LLC is a provider of revenue and payment cycle management and clinical information exchange solutions, connecting payers, providers, and patients in the U.S. healthcare system.

Proceeds from the amended and extended facility were used to refinance the Borrower’s existing revolving credit facility and for general corporate purposes.

Bank of America, Barclays Bank, JPMorgan Chase, Goldman Sachs, Citibank and Credit Suisse acted as Arrangers on the deal.

Cahill represented the lead arrangers with a team including Christopher W. Clement (Picture), Stuart Downing, Jonathan A. Schaffzin, Douglas K. Aguililla, Daniel Anderson and Tristan Manley.

Involved fees earner: Douglas Aguililla – Cahill Gordon & Reindel; Daniel Anderson – Cahill Gordon & Reindel; Christopher Clement – Cahill Gordon & Reindel; Stuart Downing – Cahill Gordon & Reindel; Tristan Manley – Cahill Gordon & Reindel; Jonathan Schaffzin – Cahill Gordon & Reindel;

Law Firms: Cahill Gordon & Reindel;

Clients: Bank of America; Barclays Bank; Citibank; Credit Suisse; Goldman Sachs & Co.; JPMorgan Chase & Co.;

Author: Ambrogio Visconti