Entourage Health Increases Senior Secured Credit Facility
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Entourage Health Corp. has increased its subordinated credit facility by approximately $3 million and extended the maturity date of both its subordinated and senior secured facilities to December 31, 2025. The company has also received a forbearance letter from LiUNA Pension Fund waiving previous breaches until April 9, 2025.
March 26, 2025 | 11:45 am
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POSITIVE IMPACT
The additional $3 million credit facility and extended debt maturity provide Entourage Health with increased financial flexibility and runway.
The credit facility increase and debt maturity extension suggest the company is managing its financial challenges and maintaining access to capital, which could be viewed positively by investors.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100