HEALWELL Signs $50M Credit Agreement Led by Scotiabank and RBC to Support Orion Acquisition, and Commences Pre-Closing Procedures
Portfolio Pulse from
HEALWELL has secured a $50 million credit agreement led by Scotiabank and RBC to support its acquisition of Orion Health. The agreement includes an additional $25 million uncommitted accordion feature.
March 10, 2025 | 7:30 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Royal Bank of Canada (RY) is a co-lead arranger in HEALWELL's $50M credit agreement for the Orion Health acquisition.
RBC's involvement as a co-lead arranger in a significant credit agreement highlights its active role in major financial deals, but the direct impact on its stock price is likely neutral in the short term.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 50