NHC beefs up BofA credit line

National HealthCare Corp. and Bank of America have agreed to a new $175 million line of credit that will replace the companies' $75 million deal, which was to have expired Oct. 21. NHC CEO Robert Adams says the new line will let his team complete the roughly $170 million redemption of their preferred shares while continuing to invest in their regular businesses. The credit line will mature on five years.

Shares of Murfreesboro-based NHC (Ticker: NHC) are changing hands this morning around $63.30, flat on the day and for the year.

Oct 8, 2015 11:04 AM

$20B+ regional bank snaps up local health care lending group

Team built $190M book for United Community Banks in past two years
Oct 6, 2015 2:41 PM
 | Subscriber Only Content

CapStar recruits Franklin Synergy SVP

CRE specialist has worked in Murfreesboro, Wilson County
Sep 18, 2015 11:15 AM

First Tennessee beefs up treasury management team

First Tennessee Bank has hired three treasury management professionals, two of them from SunTrust Bank, and relocated another from its Memphis operations. Moving over from SunTrust are treasury management sales officers Tammy Lea and Melinda Hagans, who spent the last 23 years and 35 years, respectively, at SunTrust. Also new to First Tennessee is client specialist Katie Burt, who has moved from Fifth Third, where she had worked since 2009. In addition, treasury management sales officer Emily Gotcher has moved to Middle Tennessee. She has 16 years of banking experience and has been with First Tennessee for nine of those.

Sep 15, 2015 8:53 AM

FirstBank hires CRE SVP

Veteran lender had been with CapStar since '08
Sep 14, 2015 12:39 PM

CapStar recruits SVP from Fifth Third

Treasury management pro has nearly four decades of experience
Sep 1, 2015 12:42 PM

ServisFirst to make Midtown move

Two years after setting up local LPO, business-focused lender gets nod for full branch
Sep 1, 2015 7:09 AM

ServisFirst brings on correspondent banking VP

Brother of TBA leader had been at First Tennessee for 5+ years
Aug 20, 2015 10:42 AM

Pinnacle hires CapStar lender for home construction lending

Cool Springs-based SVP joins Regions alum hired in spring
Aug 20, 2015 7:17 AM

CapStar brings on business banking veterans from Capital Bank, Comdata

Relationship manager ran $30M book
Aug 13, 2015 2:32 PM