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Actionable news in EVHC: ENVISION HEALTHCARE HOLDINGS Inc,

Entry into a Material Definitive

On October28, 2015, Envision Healthcare Corporation (the Corporation), an indirect wholly-owned subsidiary of Envision Healthcare Holdings,Inc. (the Company), entered into a Second Amendment to Credit Agreement (the Term Loan Amendment) among the Corporation, the incremental term loan lenders party thereto, Deutsche Bank AG New York Branch, as administrative agent and collateral agent (the Administrative Agent) and each of the other parties thereto, which amends the Credit Agreement, dated as of May25, 2011, among the Corporation, the Administrative Agent, and the lenders from time to time party thereto (as amended, the Term Loan Facility). The Term Loan Amendment provides for incremental term loans (the Incremental Term Loans) under the Term Loan Facility in an aggregate pri ncipal amount of $635 million. The Incremental Term Loans have a seven-year maturity and were issued with 50 basis points of original issue discount and 6 month soft call protection at 101% of the principal amount of Incremental Term Loans outstanding. The interest rate applicable to the Incremental Term Loans will be LIBOR plus an applicable margin equal to 3.25%. The Incremental Term Loans were otherwise issued with substantially the same terms as the Corporations term loans outstanding under the Term Loan Facility prior to the effectiveness of the Term Loan Amendment. The proceeds of the Incremental Term Loans were used to fund the Companys acquisition of WP Rocket Holdings Inc. (Rural/Metro) through its American Medical Response,Inc. healthcare transportation subsidiary, as discussed under Item 8.01 of this Current Report on Form8-K, and pay related fees and expenses.

The foregoing description of the Term Loan Amendment is qualified in its entirety by reference to the complete terms and conditions of such agreement, filed as Exhibit10.1 hereto and incorporated herein by reference.

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an...


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