{"id":61903,"date":"2025-09-23T01:04:20","date_gmt":"2025-09-22T23:04:20","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/ardent-announces-successful-amendment-and-extension-of-term-loan-facility\/"},"modified":"2025-09-23T01:04:20","modified_gmt":"2025-09-22T23:04:20","slug":"ardent-announces-successful-amendment-and-extension-of-term-loan-facility","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/ardent-announces-successful-amendment-and-extension-of-term-loan-facility\/","title":{"rendered":"Ardent Announces Successful Amendment and Extension of Term Loan Facility"},"content":{"rendered":"
\n

BRENTWOOD, Tenn.–(BUSINESS WIRE)–Ardent Health (NYSE: ARDT), a leading provider of healthcare in growing mid-sized urban communities across the U.S., today announced that it has successfully amended and extended its $777.5 million Term Loan Facility. The new terms reduce the applicable interest rate by 50 basis points from Term Secured Overnight Financing Rate (SOFR) plus 2.75% to Term SOFR plus 2.25%. The transaction extends the maturity of the facility to September 2032.<\/p>\n

<\/a>
<\/a><\/p>\n

\n\u201cThis transaction enhances our financial flexibility and strengthens our capital position, allowing Ardent to continue investing in our communities while pursuing strategic growth,\u201d said Ardent Health Chief Financial Officer Alfred Lumsdaine. \u201cWe appreciate the support of our lending partners and their continued confidence in our leadership and long-term growth strategy.\u201d<\/p>\n

\nThe amended credit agreement is expected to reduce Ardent\u2019s interest expense by approximately $3.9 million annually.<\/p>\n

\nAbout Ardent Health<\/b><\/p>\n

\nArdent Health (NYSE: ARDT) is a leading provider of healthcare in growing mid-sized urban communities across the U.S. With a focus on people and investments in innovative services and technologies, Ardent is passionate about making healthcare better and easier to access. Through its subsidiaries, the Company delivers care through a system of 30 acute care hospitals and approximately 280 sites of care with over 1,800 employed and affiliated providers across six states. For more information, please visit ardenthealth.com<\/a>.<\/p>\n

Contacts<\/b> <\/p>\n

\nInvestor Contact:<\/b>
Dave Styblo, CFA
\n
SVP, Investor Relations
\n
Ardent Health
\n
Investor.Relations@ardenthealth.com<\/a>
(615) 296-3016<\/p>\n

\nMedia Contact:<\/b>
Rebecca Kirkham
\n
SVP, Communications & Corporate Affairs
\n
Ardent Health
\n
rebecca.kirkham@ardenthealth.com<\/a>
(615) 296-3000<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

BRENTWOOD, Tenn.–(BUSINESS WIRE)–Ardent Health (NYSE: ARDT), a leading provider of healthcare in growing mid-sized urban communities across the U.S., today announced that it has successfully amended and extended its $777.5 million Term Loan Facility. The new terms reduce the applicable interest rate by 50 basis points from Term Secured Overnight Financing Rate (SOFR) plus 2.75% … [Read more…]<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"entry","1":"post","2":"publish","3":"author-business","4":"post-61903","6":"format-standard","7":"category-industry"},"yoast_head":"\nArdent Announces Successful Amendment and Extension of Term Loan Facility - Pharma Trend<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pharma-trend.com\/en\/ardent-announces-successful-amendment-and-extension-of-term-loan-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ardent Announces Successful Amendment and Extension of Term Loan Facility - Pharma Trend\" \/>\n<meta property=\"og:description\" content=\"BRENTWOOD, Tenn.–(BUSINESS WIRE)–Ardent Health (NYSE: ARDT), a leading provider of healthcare in growing mid-sized urban communities across the U.S., today announced that it has successfully amended and extended its $777.5 million Term Loan Facility. The new terms reduce the applicable interest rate by 50 basis points from Term Secured Overnight Financing Rate (SOFR) plus 2.75% ... 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