08:48 AM EDT, 09/18/2025 (MT Newswires) -- Aveanna Healthcare ( AVAH ) said Thursday it has closed the refinancing of its first lien credit facility.

The company said it refinanced the $886.0 million principal balance of existing first lien term loans, secured $439.0 million in incremental first lien term loans, and upsized its revolving credit facility from $170.3 million to $250.0 million.

The combined $1.33 billion first lien term loans' maturity dates were extended to 2032, and the revolving credit facility's maturity date was extended from 2028 to 2030, the company said.

Proceeds from the incremental first lien term loans were used to repay the existing second lien term loans of $415.0 million, and the second lien term loan facility was terminated, the company said.

Aveanna Healthcare ( AVAH ) shares gained 3.2% in premarket activity.