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Tag: debt


Also Noted

Invacare retires $71.4M in convertible senior notes

June 2, 2020HME News Staff

ELYRIA, Ohio - Invacare has entered into separate, privately negotiated agreements with certain shareholders of its 5% convertible senior notes due 2021 and certain holders of its 4.5% convertible senior notes due 2022 to exchange about $32.9 million in aggregate principal amount of 2021 notes and $38.5 million in aggregate principal amount of 2022 notes, for aggregate consideration of about $71.4 million in aggregate principal amount of 5% Series II Convertible Senior Exchange Notes due 2024. Exchanging...

convertible senior notes, debt, Invacare


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Also Noted

Invacare sells, then leases back, properties

April 24, 2015HME News Staff

ELYRIA, Ohio - Invacare has secured $23 million in a sale and leaseback transaction. The company has sold and leased back under long-term leases five of its properties located in Ohio and Florida. The net proceeds from the transaction will be used to reduce debt on the company's revolving asset-based credit facility, according to a press release. ''We are pleased that we have completed this sale and leaseback transaction, which is part of our ongoing plan to proactively manage cash and debt in our...

cash, debt, Invacare


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Providers

With breathing space, Rotech prepares to execute

October 4, 2013Theresa Flaherty, Managing Editor

ORLANDO, Fla. - Rotech Healthcare emerged from Chapter 11 bankruptcy Sept. 27, and it isn't looking back.The company plans to evolve with the industry, says CEO Steve Alsene.“Reimbursement and continued qualification of patients is more complicated,” he said. “That takes a lot of coordination and additional work nowadays. We are making sure we are good and tight, and making sure we get reimbursed for the services we provide.”Under the reorganization plan, approved in August,...

Acquisitions, Bankruptcy, debt, reorganization, Rotech


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