{"id":906451,"date":"2025-11-05T21:21:41","date_gmt":"2025-11-06T02:21:41","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/the-pennant-group-announces-expansion-of-credit-facility\/"},"modified":"2025-11-05T21:21:41","modified_gmt":"2025-11-06T02:21:41","slug":"the-pennant-group-announces-expansion-of-credit-facility","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-pennant-group-announces-expansion-of-credit-facility\/","title":{"rendered":"The Pennant Group Announces Expansion of Credit Facility"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">EAGLE, Idaho, Nov.  05, 2025  (GLOBE NEWSWIRE) &#8212; The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced that the Company has added a term loan to its credit facility, increasing the facility by $100 million to an aggregate of $350 million. The borrowings are supported by Pennant\u2019s existing lending consortium led by Truist Securities. The interest rate and maturity date of the incremental loan match those of the existing facility.<\/p>\n<p align=\"justify\">\u201cThis expansion of our credit facility further strengthens our balance sheet and gives us additional capacity to fund future growth,\u201d said Brent Guerisoli, Pennant\u2019s Chief Executive Officer. \u201cWe will, as always, be disciplined in our use of the credit facility. The incremental capacity afforded by this amendment, when coupled with our strong cash flow and prudent leverage ratios, gives us flexibility to be opportunistic and strategic in the future.\u201d<\/p>\n<p align=\"justify\">\u201cWe appreciate the ongoing partnership of our banking partners and their enthusiasm to support our continuing growth,\u201d added Lynette Walbom, Pennant\u2019s Chief Financial Officer. Ms. Walbom confirmed that the proceeds from the incremental term loan would be used to refinance a portion of the outstanding revolving loans under the credit facility.<\/p>\n<p align=\"justify\">\n        <strong>About Pennant<\/strong><br \/>\n        <sup><br \/>\n          <strong>:<\/strong><br \/>\n        <\/sup>\u00a0\u00a0<\/p>\n<p align=\"justify\">The Pennant Group, Inc. is a holding company of independent operating subsidiaries that provide healthcare services through 141 home health and hospice agencies and 61 senior living communities located throughout Arizona, California, Colorado, Idaho, Montana, Nevada, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin and Wyoming. Each of these businesses is operated by a separate, independent operating subsidiary that has its own management, employees and assets. References herein to the consolidated &#8220;company&#8221; and &#8220;its&#8221; assets and activities, as well as the use of the terms &#8220;we,&#8221; &#8220;us,&#8221; &#8220;its&#8221; and similar verbiage, are not meant to imply that The Pennant Group, Inc. has direct operating assets, employees or revenue, or that any of the home health and hospice businesses, senior living communities or the Service Center are operated by the same entity. More information about Pennant is available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=0hcQjo8VzJVynrsVb3S55O3NHhlt1ZH9PfncMiP09X1sPbVMgWTMcUatFnuorXMyEe77IyztPhK-NKNZx5tddpoCi95U-dKHRzdKEF5IaHU=\" rel=\"nofollow\" target=\"_blank\"><u>www.pennantgroup.com<\/u><\/a>.<\/p>\n<p align=\"justify\">\n        <strong>Contact Information<\/strong>\n      <\/p>\n<p align=\"justify\">The Pennant Group, Inc.<br \/>(208) 506-6100<br \/>ir@pennantgroup.com<\/p>\n<p align=\"justify\">SOURCE: The Pennant Group, Inc.<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU2OTY4NiM3MjQ2ODk1IzIxODQ2OTM=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/Y2YyOTVmZmUtMDM3Ni00NTcwLTg3MmItNmMzNTY1ZjQ1NTcxLTExOTYyNDctMjAyNS0xMS0wNS1lbg==\/tiny\/Pennant-Group-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>EAGLE, Idaho, Nov. 05, 2025 (GLOBE NEWSWIRE) &#8212; The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced that the Company has added a term loan to its credit facility, increasing the facility by $100 million to an aggregate of $350 million. The borrowings are supported by Pennant\u2019s existing lending consortium led by Truist Securities. The interest rate and maturity date of the incremental loan match those of the existing facility. \u201cThis expansion of our credit facility further strengthens our balance sheet and gives us additional capacity to fund future growth,\u201d said Brent Guerisoli, Pennant\u2019s Chief Executive Officer. \u201cWe will, as always, be disciplined in our &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-pennant-group-announces-expansion-of-credit-facility\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The Pennant Group Announces Expansion of Credit Facility&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-906451","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Pennant Group Announces Expansion of Credit Facility - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-pennant-group-announces-expansion-of-credit-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Pennant Group Announces Expansion of Credit Facility - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"EAGLE, Idaho, Nov. 05, 2025 (GLOBE NEWSWIRE) &#8212; The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced that the Company has added a term loan to its credit facility, increasing the facility by $100 million to an aggregate of $350 million. The borrowings are supported by Pennant\u2019s existing lending consortium led by Truist Securities. The interest rate and maturity date of the incremental loan match those of the existing facility. \u201cThis expansion of our credit facility further strengthens our balance sheet and gives us additional capacity to fund future growth,\u201d said Brent Guerisoli, Pennant\u2019s Chief Executive Officer. \u201cWe will, as always, be disciplined in our &hellip; Continue reading &quot;The Pennant Group Announces Expansion of Credit Facility&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-pennant-group-announces-expansion-of-credit-facility\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-06T02:21:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU2OTY4NiM3MjQ2ODk1IzIxODQ2OTM=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-pennant-group-announces-expansion-of-credit-facility\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-pennant-group-announces-expansion-of-credit-facility\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"The Pennant Group Announces Expansion of Credit Facility\",\"datePublished\":\"2025-11-06T02:21:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-pennant-group-announces-expansion-of-credit-facility\\\/\"},\"wordCount\":366,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-pennant-group-announces-expansion-of-credit-facility\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTU2OTY4NiM3MjQ2ODk1IzIxODQ2OTM=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-pennant-group-announces-expansion-of-credit-facility\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-pennant-group-announces-expansion-of-credit-facility\\\/\",\"name\":\"The Pennant Group Announces Expansion of Credit Facility - 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The interest rate and maturity date of the incremental loan match those of the existing facility. \u201cThis expansion of our credit facility further strengthens our balance sheet and gives us additional capacity to fund future growth,\u201d said Brent Guerisoli, Pennant\u2019s Chief Executive Officer. \u201cWe will, as always, be disciplined in our &hellip; Continue reading \"The Pennant Group Announces Expansion of Credit Facility\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/the-pennant-group-announces-expansion-of-credit-facility\/","og_site_name":"Market Newsdesk","article_published_time":"2025-11-06T02:21:41+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU2OTY4NiM3MjQ2ODk1IzIxODQ2OTM=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-pennant-group-announces-expansion-of-credit-facility\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-pennant-group-announces-expansion-of-credit-facility\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"The Pennant Group Announces Expansion of Credit Facility","datePublished":"2025-11-06T02:21:41+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-pennant-group-announces-expansion-of-credit-facility\/"},"wordCount":366,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-pennant-group-announces-expansion-of-credit-facility\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU2OTY4NiM3MjQ2ODk1IzIxODQ2OTM=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-pennant-group-announces-expansion-of-credit-facility\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/the-pennant-group-announces-expansion-of-credit-facility\/","name":"The Pennant Group Announces Expansion of Credit Facility - 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