Health Catalyst repays and terminates credit facility debt after Vitalware sale closes - HCAT News | RalliesHealth Catalyst repays and terminates credit facility debt after Vitalware sale closes
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HCAT• Vitalware sale used to repay debt
- Health Catalyst used net cash proceeds from its Vitalware sale to fully repay and terminate all obligations under its credit facility.
- The transaction delivered $147 million in cash consideration, subject to customary adjustments.
- Repayment eliminates about $19 million in annual GAAP interest expense.
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