Date Closed

April 18, 2013

Lead Office

Toronto

Value

200.00 Million CAD

On April 18, 2013, Centric Health Corporation (Centric Health) completed an offering of 8.625% second lien senior secured notes due April 18, 2018 for gross proceeds of C$200 million. The offering was made as a public offering in all provinces of Canada other than Quebec, by way of prospectus supplement dated April 11, 2013 to Centric Health’s short form base shelf prospectus dated October 21, 2011. 

The Notes were offered through a syndicate of underwriters led by National Bank Financial and including TD Securities, Scotiabank, Canaccord Genuity Corp. and RBC Dominion Securities Inc.

Centric Health, headquartered in Toronto, is a healthcare company that provides innovative solutions centered on patients and healthcare professionals. As a diversified healthcare company with investments in several niche service areas, Centric Health currently has operations in medical assessments, disability and rehabilitation management, physiotherapy and surgical centres, homecare, specialty pharmacy and wellness and prevention.

McCarthy Tétrault LLP represented National Bank of Canada as administrative agent on behalf of the lenders with a team led by Joel Scoler.