Getting your player ready...
Emergency Medical Services Corp., the biggest U.S. operator of ambulance services, reduced the discount on its new bank debt and boosted a proposed credit line by $25 million, a person familiar with the negotiations said.
The Greenwood Village- based company will sell the debt to lenders at 99.5 cents on the dollar, said the person, who declined to be identified because the terms are private. EMS previously proposed a discount at 99 cents on the dollar for the new loans.
