Le Lézard
Classified in: Health, Business
Subject: FNC

Crisis Prevention Institute Successfully Secures $435 Million in Debt Financing


Crisis Prevention Institute (CPI) announced today that it has completed a $435 million debt financing, proceeds of which will be used to refinance the company's existing debt and fund a distribution to shareholders.

MILWAUKEE, April 22, 2024 /PRNewswire-PRWeb/ -- Crisis Prevention Institute (CPI) announced today that it has completed a $435 million debt financing, proceeds of which will be used to refinance the company's existing debt and fund a distribution to shareholders. Moreover, the refinancing enhances the company's financial position with extended maturities, increased liquidity, lower borrowing costs, and broader access to the public loan markets.

"This refinancing marks an important step for CPI as it provides a foundation to support our mission and long-term growth." ? Tony Jace, CEO of Crisis Prevention Institute

"This refinancing marks an important step for CPI as it provides a foundation to support our mission and long-term growth," CEO Tony Jace shared. "The extent to which our story was well-received by the loan market is a testament to the entire CPI team and the importance of the work we do within communities around the world."

CPI was advised on the Transaction by PJT Partners as its financial advisor and Skadden, Arps, Slate, Meagher & Flom LLP as legal counsel. Jefferies Finance, Macquarie Capital, and Antares Capital acted as joint lead arrangers for the new credit facilities.

About Crisis Prevention Institute®

Crisis Prevention Institute is the leading provider of de-escalation and crisis prevention training programs for workplaces worldwide. The company's cornerstone program, Nonviolent Crisis Intervention® Training, is embraced by organizations committed to providing safer environments. The strategies taught in Nonviolent Crisis Intervention® Training provide staff members with an effective framework for decision-making and problem solving to prevent, de-escalate, and safely respond to disruptive or escalated behavior. The philosophy relating to Care, Welfare, Safety, and Security? expands throughout the continuum of interventions that are necessary when working toward reduction or elimination of restraint use.

To learn more about CPI's training programs, visit crisisprevention.com.

Media Contact

Rebecca Eckhart, Crisis Prevention Institute, 1 3127207666, [email protected], https://www.crisisprevention.com/

SOURCE Crisis Prevention Institute


These press releases may also interest you

at 17:48
Andlauer Healthcare Group Inc. ("AHG" or the "Company") announced today the results of voting at its virtual annual meeting of shareholders held on May 3, 2024 (the "Meeting"). All of the nominees listed in the management information circular...

at 17:37
Starting this week, Little Manilla Rising, University of California, San Francisco, and Community Medical Centers in Stockton, CA will host the All of Us Journey, a traveling educational exhibit that brings the National Institutes of Health's All of...

at 17:28
Starting this week, West Gray Convention Center, National Baptist Convention, Greater Baptist Church, and PRIDENet in Houston, TX will host the All of Us Journey, a traveling educational exhibit that brings the National Institutes of Health's All of...

at 17:25
In the evolving world of cosmetic procedures, non-surgical nose jobs are marking a significant shift from traditional rhinoplasty, providing a fast, less invasive alternative for...

at 17:15
Delcath Systems, Inc. (the "Company" or "Delcath"), an interventional oncology company focused on the treatment of primary and metastatic cancers of the liver, announces that the Company granted equity awards, previously approved by the Company's...

at 17:14
VESICA HEALTH, INC., a leading multi-omics liquid biopsy company dedicated to improving the management of hematuria patients and the early detection of bladder cancer, today announced the launch of its laboratory-developed AssureMDxtm test....



News published on and distributed by: