Gentiva Modifies Credit Facility
Posted on November 29, 2011 at 17:47 PM EST
Yesterday, Gentiva Health Services Inc. (NASDAQ:GTIV) announced an amendment to its senior secured credit agreement in order to make the financial agreements more flexible for the fourth quarter of 2011. The amendment consists of alteration of the definition of consolidated EBITDA (earnings before interest, taxes, depreciation and amortization), whereby all expenses related to Gentiva’s cost [...]

Yesterday, Gentiva Health Services Inc. (NASDAQ:GTIV) announced an amendment to its senior secured credit agreement in order to make the financial agreements more flexible for the fourth quarter of 2011.
The amendment consists of alteration of the definition of consolidated EBITDA (earnings before interest, taxes, depreciation and amortization), whereby all expenses related to Gentiva’s cost realignment and the operating losses of all the branches that are scheduled to be closed or sold in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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