Quorum Health filed for Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware with a pre-packaged plan to cut debt by about $500m.
- Quorum Health and its hospitals are unaffected and all facilities are open
- Has received commitment for DIP financing consisting of $100 million from certain of its existing noteholders
- Also received a $200 million equity commitment from certain noteholders
- NOTE: April 3,
Quorum’s 24 Hospitals Face Bankruptcy Amid Covid-19 Pressure (2)
To view the source of this information click
To contact the reporter on this story: