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Article: NHC Announces Renewal of $75 Million Credit Line.
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
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National HealthCare Corporation (NYSE Amex: NHC)(NYSE Amex: NHC.PR.A), one of the nation's leading operators of long-term health care and assisted living facilities, announced that it has renewed its $75 million line of credit with Bank of America for an additional year.
Robert Adams, CEO, stated that: "With the renewal of our credit arrangement with Bank of America, we continue to have access to ample financial resources to develop growth opportunities not only in the long-term and home healthcare areas but in all areas of senior care." Forward-Looking Statements This press release contains "forward-looking statement" within the meaning of Section 27A of the ...