Rotech considers its limited options
By HME News Staff
Updated Tue June 30, 2009
ORLANDO, Fla.--Rotech Healthcare, in a May 8 filing with the Securities and Exchange Commission (SEC), detailed its “highly leveraged capital structure.” The provider stated that, as of March 31, 2009, it had about $507.4 million in long-term debt outstanding. As a result, Rotech continues to “explore various strategic transactions and, if our efforts are not successful, we may be required to consider additional alternatives in restructuring our business and our capital structure as our long-term debt matures, including filing for bankruptcy protection.”
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