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Pennant Reports Second Quarter 2021 Results

Pennant Reports Second Quarter 2021 Results
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The Pennant Group to Present at Upcoming Investor Conferences

EAGLE, Idaho, March 04, 2021 (GLOBE NEWSWIRE) The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of operating subsidiaries that provide home health, hospice and senior living services, announced today that it will participate in two upcoming investor conferences. Brent Guerisoli, President, Jennifer Freeman, Chief Financial Officer and Derek Bunker, Chief Investment Officer, are scheduled to participate in the 2021 Barclays Global Healthcare Conference on March 9, 2021. John Gochnour, Chief Operating Officer, Ms. Freeman and Mr. Bunker are scheduled to present at the Oppenheimer 31st Annual Healthcare Conference on March 17, 2021, at 9:20 a.m. Mountain Time. A live webcast and audio archive of the presentations will be accessible on the Investor Relations section of Pennant’s website at http://investor.pennantgroup.com. About Pennant The Pennant Group, Inc. is a holding company of independent operating subsidiaries that provide healthcare services through 80 home healt ....

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Pennant Announces Credit Facility Upsize

EAGLE, Idaho, Feb. 23, 2021 (GLOBE NEWSWIRE) The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of operating subsidiaries that provide home health, hospice and senior living services, announced that it has amended its revolving credit facility effective today, increasing its revolving line of credit by $75 million to a total of $150 million, of which approximately $18.3 million was drawn as of February 22, 2021. The amended credit facility is supported by a lending consortium arranged by Truist Bank. "This amended credit facility improves our long-term capital structure and, together with our strong cash flow, expands our ability to continue growing our portfolio of healthcare operations opportunistically," said Jenn Freeman, Pennant’s Chief Financial Officer. Ms. Freeman noted that, in addition to increasing the revolver’s capacity, the amendment extends the facility’s termination to 2026, reduces the interest rates on drawn capital and reduces ....

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