Newsletter Articles | October 31, 1998
Ramsay Closes $22 Million Financing
OPEN MINDS, The Behavioral Health & Social Service Industry Analyst
Industry News
On November 2, 1998, Ram say Health Care, Inc. announced that it had closed a $22 million financing with Fleet Capital. Eight million of the financing has been used to refinance all existing bank indebtedness. The additional financing will provide the company with a $8.0 million revolving credit line and a $6.0 million acquisition line. </p . . .