Abbey Healthcare Group Inc.: The Costa Mesa...
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Abbey Healthcare Group Inc.: The Costa Mesa company and Homedco Group Inc. in Fountain Valley said Thursday that they have received commitments to underwrite a $500-million credit facility to be completed on or before their expected merger in June. In a joint press release, the two companies said about $220 million will be available for general corporate purposes. The financing will be provided by NationsBank, Banque Paribas and Bank of America. In March, Abbey and Homedco agreed to merge through an exchange of stock.
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