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Stock impact report

NeueHealth Secures up to $150 Million in New Term Loan Facility with Hercules Capital [Yahoo! Finance]

Hercules Capital, Inc. (HTGC) 
Last hercules capital, inc. earnings: 2/20 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investor.htgc.com
Company Research Source: Yahoo! Finance
DORAL, Fla., June 24, 2024 BUSINESS WIRE )--NeueHealth, Inc. ("NeueHealth" or the "Company") (NYSE: NEUE), the value-driven healthcare company, today announced that it entered into a secured loan facility for up to $150 million with Hercules Capital, Inc. (NYSE: HTGC) ("Hercules"). "This financing puts us in a strong position to advance our differentiated care model and take the lead as the industry continues to shift to value-based care," said Mike Mikan, President and CEO of NeueHealth. "We have established longstanding relationships with payors, providers, and consumers across the industry, and we look forward to continuing to build on our success as we make personalized care more accessible and affordable for all." The financing, which will be used to support NeueHealth's strategic priorities in 2024 and beyond, further solidifies the Company's capital position, enabling it to focus on delivering value-driven, consumer-centric care to all populations. "Hercules is pleased t Show less Read more
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