2026-04-02 20:27:34
Option Care Health, Inc. Secures $450 Million Increase in Revolving Credit Commitments
Expected Stock impact: Slightly Positive
On April 2, 2026, Option Care Health, Inc. announced that it has entered into a Fifth Amendment to its Amended and Restated First Lien Credit Agreement. This amendment, effective as of March 30, 2026, establishes new revolving credit commitments totaling $450 million, increasing the total revolving credit commitments to $850 million. The amendment involves the Company, certain subsidiaries, and Bank of America, N.A. as the administrative agent. This move is expected to enhance the Company's liquidity position, allowing for greater operational flexibility and potential growth opportunities. The additional funds will support the Company's strategic initiatives and operational execution, positioning it favorably in the healthcare market.
