Acentra Health Slashes Interest Rate in Private Debt Refinancing

Acentra Health LLC cut its interest rate on a term loan, part of a larger transaction with a group of private credit lenders that refinanced existing loans and raised additional debt.

The healthcare technology solutions company owned by Carlyle Group Inc. will now have a margin 5.5 percentage points above the Secured Overnight Financing Rate on a $666 million loan, according to people with knowledge of the matter who asked not to be named discussing a private transaction. The previous margin was 6.5 percentage points.

Acentra is the latest company to lock in cheaper borrowing costs in private credit as ...