27.09.2016, 19:20
Vizient's Credit Facility Amendment and Re-pricing is Credit Positive
OREANDA-NEWS. Moody's Investors Service said that Vizient, Inc.'s ("Vizient") proposed amendment and re-pricing of its senior secured credit facility is credit positive, but does not currently impact the B2 Corporate Family Rating, the B1 rating on the first lien senior secured credit facilities, Caa1 rating on the senior unsecured notes, or the stable rating outlook.
For additional information, please refer to Moody's Issuer Comment on Vizient, Inc. on www.moodys.com.
Based in Irving, Texas, Vizient, Inc. provides products and services which enable health care organizations to deliver more cost-effective care. Health care organizations accessing Vizient's products and services range from independent, community-based health care organizations to large, integrated systems and academic medical centers. The company also provides consulting services to address clinical resource utilization, workforce management, as well as business analytics and intelligence tools. The Company serves approximately 5,200 health system members and affiliates as well as 167,000 non-acute health care customers with combined purchasing volume of roughly $90 billion annually. In early-2016, Vizient acquired the Spend and Clinical Resource Management ("SCM") and Sg2 businesses from MedAssets, Inc. The company operates under a participant member ownership structure. The company generates annual net sales of approximately $1.2 billion.
This publication does not announce a credit rating action. For any credit ratings referenced in this publication, please see the ratings tab on the issuer/entity page on www.moodys.com for the most updated credit rating action information and rating history.
For additional information, please refer to Moody's Issuer Comment on Vizient, Inc. on www.moodys.com.
Based in Irving, Texas, Vizient, Inc. provides products and services which enable health care organizations to deliver more cost-effective care. Health care organizations accessing Vizient's products and services range from independent, community-based health care organizations to large, integrated systems and academic medical centers. The company also provides consulting services to address clinical resource utilization, workforce management, as well as business analytics and intelligence tools. The Company serves approximately 5,200 health system members and affiliates as well as 167,000 non-acute health care customers with combined purchasing volume of roughly $90 billion annually. In early-2016, Vizient acquired the Spend and Clinical Resource Management ("SCM") and Sg2 businesses from MedAssets, Inc. The company operates under a participant member ownership structure. The company generates annual net sales of approximately $1.2 billion.
This publication does not announce a credit rating action. For any credit ratings referenced in this publication, please see the ratings tab on the issuer/entity page on www.moodys.com for the most updated credit rating action information and rating history.
Комментарии