Penfund Closes $7.5MM Term Facility For PSA Healthcare – ABFJournal

▤ Summary

Penfund, an independent provider of junior capital to middle market companies, has completed an incremental $7.5 million second lien term facility for Pediatric Services Holding operating as PSA Healthcare(PSA), a portfolio company of J.H. Atlanta-based PSA predominantly provides critically-needed home nursing services to medically fragile children. The company operates through 70 offices across 17 states, employs over 5,000 nurses and other caregivers, and provides care to more than 2,500 patients. John Bradlow, a partner at Penfund, stated, “We are very pleased to be providing additional support to J.H. Penfund is a provider of junior capital to middle market companies throughout North America.

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