Kaye Scholer Represents Emergency Medical Services Corporation in Debt Refinancing

April 8, 2010
Kaye Scholer LLP represented Emergency Medical Services Corporation (“EMSC”), a leading provider of emergency medical services in the United States, in completing $575 million worth of financing. The financing included new senior secured credit facilities consisting of a $425 million five-year term loan and a $150 million revolving credit facility, both of which will mature in 2015. Proceeds from the new credit facilities and cash on hand have been used to repay outstanding debt and will also be used to call 10% senior subordinated notes. Moody's Investors Service upgraded the Corporate Family Debt Rating in connection with this transaction. The Kaye Scholer team included Partner Edmond Gabbay and Associate David Kim.

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