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White Oak Healthcare Finance Closes $25 Million Financing For Aspen Skilled Healthcare

May 10, 2021over 4 years ago

Amount Raised

$25 Million

Description

White Oak Healthcare Finance, LLC (“White Oak”), today announced that it acted as sole lender and administrative agent on the funding of a $25 million asset-based senior credit facility for Aspen Skilled Healthcare, Inc. (“Aspen”). The funds will primarily be used to finance ongoing working capital. Aspen’s independent affiliates operate skilled nursing facilities (“SNF”) primarily located in the Los Angeles and San Francisco metro areas.

Company Information

Company

Aspen Skilled Healthcare

About

Aspen Skilled Healthcare, Inc. is headquartered in Laguna Niguel, CA, and operates 23 skilled nursing and rehabilitative care facilities. Aspen’s network of independent operating affiliates has developed a strong reputation for clinical and operational quality since 2009.

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