{"id":951532,"date":"2026-04-15T08:14:59","date_gmt":"2026-04-15T12:14:59","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-physical-therapy-announces-450-million-credit-facility\/"},"modified":"2026-04-15T08:14:59","modified_gmt":"2026-04-15T12:14:59","slug":"u-s-physical-therapy-announces-450-million-credit-facility","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-physical-therapy-announces-450-million-credit-facility\/","title":{"rendered":"U.S. Physical Therapy Announces $450 Million Credit Facility"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>U.S. Physical Therapy Announces <\/b><b>$450 Million Credit Facility<\/b><\/p>\n<p>HOUSTON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nU.S. Physical Therapy, Inc. (\u201cUSPH\u201d or the \u201cCompany\u201d) (NYSE, NYSE Texas: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, today announced the closing of a $450 million, five-year credit facility that includes a $175 million term loan and a $275 million revolver with a maturity date of April 14, 2031. Based on strong lender support, the credit facility was upsized from its initial $400 million launch amount. This is an increase and extension of the Company\u2019s $325 million credit facility which was due to expire on June 17, 2027.<\/p>\n<p>\nChris Reading, Chairman and CEO, stated, \u201cThe credit facility\u2019s increased borrowing capacity, improved pricing, and extended maturity reflects our strong credit profile and the confidence that our banking partners have in USPH. Along with cash flow from operations, this upsized facility will allow us to continue to grow our portfolio of physical therapy and industrial injury prevention businesses, while at the same time returning capital to our shareholders.\u201d<\/p>\n<p>\nThe credit facility syndicate consists of Bank of America Securities Inc. as Joint Lead Arranger and Sole Bookrunner with Bank of America, N.A. as Administrative Agent, and Regions Capital Markets, a division of Regions Bank, as Joint Lead Arranger and Syndication Agent. Other lenders include US Bank, JP Morgan and Citizens Bank as co-Documentation Agents and Bank United as participant.<\/p>\n<p>\nAdditional details related to the terms and conditions of the new credit facility will be included in a Current Report on Form 8-K which will be filed with the Securities and Exchange Agreement no later than April 20, 2026.<\/p>\n<p><b><span class=\"bwuline\">About U.S. Physical Therapy, Inc.<\/span><\/b><\/p>\n<p>\nFounded in 1990, U.S. Physical Therapy, Inc. owns and\/or manages 783 outpatient physical therapy clinics in 44 states. USPH clinics provide preventative and post-operative care for a variety of orthopedic-related disorders and sports-related injuries, treatment for neurologically related injuries and rehabilitation of injured workers. USPH also has an industrial injury prevention business which provides onsite services for clients\u2019 employees including injury prevention and rehabilitation, performance optimization, post-offer employment testing, functional capacity evaluations, and ergonomic assessments.<\/p>\n<p>\nMore information about U.S. Physical Therapy, Inc. is available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.usph.com&amp;esheet=54505200&amp;newsitemid=20260415626925&amp;lan=en-US&amp;anchor=www.usph.com&amp;index=1&amp;md5=c8b5c12a15cb23bbdc397f29cebaa154\">www.usph.com<\/a>. The information included on that website is not incorporated into this press release.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260415626925r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260415626925\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260415626925\/en\/<\/a><\/span><\/p>\n<p>\nU.S. Physical Therapy, Inc.<br \/>\n<br \/>Carey Hendrickson, Chief Financial Officer<br \/>\n<br \/>Email: <a rel=\"nofollow\" href=\"mailto:Chendrickson@usph.com\">Chendrickson@usph.com<\/a><\/p>\n<p>\nChris Reading, Chief Executive Officer<br \/>\n<br \/>(713) 297-7000<\/p>\n<p>\nThree Part Advisors<br \/>\n<br \/>Joe Noyons<br \/>\n<br \/>(817) 778-8424<\/p>\n<p><b>KEYWORDS:<\/b> Texas United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> General Health Other Health Health Physical Therapy Managed Care<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260415626925\/en\/1125594\/3\/LOGO_USPh_2020-06-RGB.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>U.S. Physical Therapy Announces $450 Million Credit Facility HOUSTON&#8211;(BUSINESS WIRE)&#8211; U.S. Physical Therapy, Inc. (\u201cUSPH\u201d or the \u201cCompany\u201d) (NYSE, NYSE Texas: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, today announced the closing of a $450 million, five-year credit facility that includes a $175 million term loan and a $275 million revolver with a maturity date of April 14, 2031. Based on strong lender support, the credit facility was upsized from its initial $400 million launch amount. This is an increase and extension of the Company\u2019s $325 million credit facility which was due to expire on June 17, 2027. Chris Reading, Chairman and CEO, stated, \u201cThe credit facility\u2019s increased borrowing capacity, improved &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-physical-therapy-announces-450-million-credit-facility\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;U.S. Physical Therapy Announces $450 Million 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-951532","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>U.S. Physical Therapy Announces $450 Million 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\/u-s-physical-therapy-announces-450-million-credit-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"U.S. Physical Therapy Announces $450 Million Credit Facility - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"U.S. Physical Therapy Announces $450 Million Credit Facility HOUSTON&#8211;(BUSINESS WIRE)&#8211; U.S. Physical Therapy, Inc. (\u201cUSPH\u201d or the \u201cCompany\u201d) (NYSE, NYSE Texas: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, today announced the closing of a $450 million, five-year credit facility that includes a $175 million term loan and a $275 million revolver with a maturity date of April 14, 2031. Based on strong lender support, the credit facility was upsized from its initial $400 million launch amount. This is an increase and extension of the Company\u2019s $325 million credit facility which was due to expire on June 17, 2027. Chris Reading, Chairman and CEO, stated, \u201cThe credit facility\u2019s increased borrowing capacity, improved &hellip; Continue reading &quot;U.S. Physical Therapy Announces $450 Million Credit Facility&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-physical-therapy-announces-450-million-credit-facility\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-15T12:14:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260415626925r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\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\\\/u-s-physical-therapy-announces-450-million-credit-facility\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-physical-therapy-announces-450-million-credit-facility\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"U.S. Physical Therapy Announces $450 Million Credit Facility\",\"datePublished\":\"2026-04-15T12:14:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-physical-therapy-announces-450-million-credit-facility\\\/\"},\"wordCount\":442,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-physical-therapy-announces-450-million-credit-facility\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20260415626925r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-physical-therapy-announces-450-million-credit-facility\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-physical-therapy-announces-450-million-credit-facility\\\/\",\"name\":\"U.S. Physical Therapy Announces $450 Million Credit Facility - 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