Posted by Gerald Coggin on October 25, 2011
For release: October 25, 2011
Contact: Gerald Coggin, Sr. V.P. Investor Relations
Phone: (615) 890-2020
Murfreesboro, Tennessee – National HealthCare Corporation (NYSE Amex: NHC, NHC.PRA), one of the nation’s leading operators of long-term health care and assisted living facilities, announced today that it has renewed its one year $75 million line of credit with Bank of America.
Robert Adams, CEO, stated: “With the renewal of our credit arrangement with Bank of America, we continue to have access to ample financial resources to develop growth opportunities across all areas of senior care.