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Simpson Thacher Represents Nitra in Its Inaugural Receivables Financing Facility

08.24.22

Simpson Thacher represented Nitra, Inc. in connection with its inaugural receivables financing facility, with CoVenture acting as lender and deal agent.

Founded with a mission to bring modern financial products, integrated medical software, and supply chain solutions to practitioners and physicians in the healthcare industry, Nitra provides a suite of financial services products and customized healthcare-specific software tools to support medical practices and hospitals across the country.

The Simpson Thacher team included Mike Vernace, Roman Ibragimov and Isaac Hudis (Credit); Tony Rim (Capital Markets); Kathrine McLendon (Restructuring); and Jonathan Pall (Collateral). Summer Associate Jacqueline Lin provided valuable assistance.