One Call Enhances Financial Flexibility Through Successful Refinancing Initiative

One Call Successfully Completes Comprehensive Strategic Refinancing

In a significant move to bolster its financial standing, One Call, a leader in technology-driven ancillary services and data analytics in the workers' compensation market, has announced the successful refinancing of its existing first lien credit facility. This strategic refinancing not only extends the maturities of all its debt but also enhances the company’s financial flexibility, empowering it to accelerate key initiatives and capitalize on new growth opportunities.

Nick Mendez, CEO of One Call, expressed his satisfaction with the completion of this refinancing, stating, "We are pleased to complete this comprehensive strategic refinancing and extend our maturities by several years. This provides One Call with enhanced financial flexibility to accelerate our key business initiatives, drive innovation, and pursue new growth opportunities." He noted the dynamic nature of the healthcare sector, emphasizing that One Call is well-positioned to leverage its strengths to deliver long-term value for stakeholders while shaping the future landscape of the workers' compensation industry.

The refinancing was led by funds managed by affiliates of Apollo, a crucial partner for the company. Additionally, One Call's second lien notes are entirely held by its long-term investors, including heavyweights like Blackstone, KKR, and Chatham Asset Management. The deal was facilitated with expert legal and financial guidance from Davis Polk & Wardwell LLP and Evercore Group LLC, ensuring a smooth transition through the refinancing process.

One Call has established itself as a critical player in the workers' compensation space, providing care coordination services and alleviating costs and administrative burdens for its clients. Leveraging over 30 years of experience in the field, One Call is devoted to ensuring injured workers receive the timely care they require. The company’s innovative solutions not only ensure compliance and efficiency but significantly contribute to the quality of life and long-term success of these workers.

The recent refinancing comes at a pivotal moment as the healthcare sector continues to evolve rapidly, with an increasing emphasis on analytics-driven strategies and solutions. One Call's strategic move places it in an advantageous position to not only adapt to these changes but also to lead with innovative approaches that cater to a growing demand for effective workers' compensation solutions.

Stakeholders and market watchers are looking forward to how One Call will utilize its enhanced financial flexibility to introduce new services and improve existing operations, further cementing its status as an industry leader. As One Call streams into the future with this fresh capital structure, the focus will inevitably remain on their ability to innovate and deliver exceptional value within the workers' compensation marketplace.

For more information on One Call and its recent developments, visit onecallcm.com or connect via LinkedIn and Facebook.

About One Call

One Call has carved a niche for itself as a leader in ancillary services within the workers' compensation industry. With a steadfast commitment to getting injured workers the care they need, One Call employs its extensive experience and cutting-edge solutions to alleviate costs and streamline administrative burdens, ultimately fostering a higher quality of life for workers both in and out of the workplace.

For further investor or media inquiries, please contact Michele Haas, CFO at [email protected] or Kekst CNC at [email protected].