R1 RCM’s $1.64 Billion Credit Facility

Cahill represented the lead arrangers in the transaction.

R1 RCM Inc. executed its $540,000,000 term A credit facility, a $500,000,000 term B credit facility and a $600,000,000 revolving credit facility.

Proceeds from the credit facilities will be used in connection with R1 RCM’s acquisition of Cloudmed, a leader in Revenue Intelligence™ solutions for healthcare providers, for refinancing existing indebtedness and for general corporate purposes.

The Lead Arrangers included Barclays Bank PLC, JPMorgan Chase Bank, N.A., BofA Securities, Inc., Capital One, N.A., Wells Fargo Securities, LLC, U.S. Bank National Association, KeyBanc Capital Markets Inc., PNC Capital Markets LLC, Morgan Stanley Senior Funding, Inc., HSBC Securities (USA) Inc. and Fifth Third Bank, National Association.

R1 RCM is a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers.

The Cahill team included C. Anthony Wolfe (Picture), Michael Kiley and Luisa Marin.

Involved fees earner: Michael Kiley – Cahill Gordon & Reindel; Luisa Marin – Cahill Gordon & Reindel; Anthony Wolfe – Cahill Gordon & Reindel;

Law Firms: Cahill Gordon & Reindel;

Clients: Bank of America Securities; Barclays Bank; Capital One; Fifth Third Bank; HSBC Securities (USA) Inc.; JP Morgan Chase & Co.; KeyBanc Capital Markets; Morgan Stanley Senior Funding, Inc.; PNC Capital Markets LLC; U.S. Bank National Association; Wells Fargo Securities;