WATERTOWN, Mass., May 10, 2013 (GLOBE NEWSWIRE) -- athenahealth, Inc.(Nasdaq:ATHN), a leading provider of cloud-based services for electronic health record ( EHR), practice management , and care coordination, today announced that it has finalized the purchase from Harvard University of the Watertown "Arsenal on the Charles," an expansive, 29-acre, multi-building, commercial property situated on the Charles River less than 10 miles outside of downtown Boston.
athenahealth entered into a new $325 million senior credit facility with a term of five years comprised of a $200 million unsecured term loan facility and a $125 million unsecured revolving credit facility to finance the purchase of the "Arsenal of the Charles" campus and to refinance existing indebtedness. This new credit facility will replace athenahealth's current revolving credit facility.Bank of America Merrill Lynch and TD Bank acted as joint Lead Arrangers and joint Book Managers for the credit facility. Other lenders include Fifth Third Bank, U.S. Bank, Sovereign Bank and RBS Citizens. Steve Cook of Avison Young represented athenahealth, Inc. in the purchase of the "Arsenal on the Charles;" he can be reached at 617-250-7609. About athenahealth, Inc. athenahealth is a leading provider of cloud-based services for EHR, practice management, and care coordination. athenahealth's mission is to be caregivers' most trusted service, helping them do well doing the right thing. For more information, please visit www.athenahealth.com or call 888-652-8200.
CONTACT: Holly Spring athenahealth, Inc. (Media) email@example.com 617-402-1631 Dana Quattrochi athenahealth, Inc. (Investors) firstname.lastname@example.org 617-402-1329