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IVX Health closes $50 million senior credit facility

IVXpress, Inc. (IVX Health), an outpatient infusion company, closed a $50 million senior credit facility from Regions Bank. The senior credit facility consists of a $10 million Revolving facility, a $20 million Term Loan Facility, and a $20 million Delayed Draw Term Loan Facility. Proceeds were used to pay off an incumbent lender and provide IVX Health with more working capital.

Waller represented IVX Health as the borrower in negotiating, documenting and closing the credit facility. The transaction involved extensive finance, healthcare, healthcare regulatory, and real estate due diligence.

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