Simpson Thacher Represents Nitra in Its Inaugural Receivables Financing Facility
08.24.22
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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.