Already one of the more prolific buyers in the healthcare M&A market with 23 transactions in 2015 across the Long-Term Care, Home Health Care and “Other Services” sectors, The Ensign Group is positioning itself for another big year in M&A and increased its revolving credit facility by $100 million to an aggregate $250 million. The facility is supported by a lending consortium arranged by SunTrust Robinson Humphrey, Inc. and Wells Fargo Securities, LLC, and as much as $105 million of it has been drawn as of February 1, 2016. This new expansion also reduced the LIBOR-based interest rate by 50 basis points and extended the termination date for the revolving commitment to February 5, 2021. Proceeds of the credit facility will be used to fund acquisitions, renovations and upgrades to existing and future facilities, cover working capital needs, and for other purposes. Now, the company’s current rent-adjusted net-debt-to-EBITDAR ratio is 3.37x.