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Apria seeks to increase flexibility

April 2, 2013HME News Staff

LAKE FOREST, Calif. - Apria is considering options for refinancing a portion of its debt to increase its financial and operating flexibility, according to a press release. Apria may elect to use the net proceeds from these financing transactions to redeem all or a portion of its outstanding 11.25% senior secured notes (series A-1) due 2014, and a portion of its outstanding 12.375% senior secured notes (Series A-2) due 2014, along with fees involved with those transactions. The refinancing may...

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