Cotiviti Holdings, Inc. Announces Completion of Credit Facility Amendment

ATLANTA--(BUSINESS WIRE)--Cotiviti Holdings, Inc. (NYSE:COTV) (“Cotiviti”), a leading payment accuracy provider to the healthcare and retail industries, announced today that its subsidiary, Cotiviti Corporation, successfully amended the terms of its existing $547.3 million secured term B loan facility. The new terms include a reduction in the spread over LIBOR from 2.75% to 2.50% and the LIBOR floor from 0.75% to zero. With the exception of pricing, the amended credit agreement is substantially similar to Cotiviti’s previous credit agreement.