Kindred Healthcare increases available credit capacity by $100 million

Kindred Healthcare, Inc.,Dec 13 2010

Kindred Healthcare, Inc. (the "Company") (NYSE: KND) today announced that it has successfully completed an amendment to its revolving credit agreement (the "Credit Agreement") to increase the available credit capacity from $500 million to $600 million. In connection with the amendment, the Company agreed to a 50 basis points increase to the floating interest rate pricing levels under the Credit Agreement.

“The $100 million of additional credit capacity will allow us to continue to expand our continuum of post-acute care services in our key cluster markets and pursue other strategic development and acquisition opportunities.”

Paul J. Diaz, President and Chief Executive Officer of the Company, commented, "The $100 million of additional credit capacity will allow us to continue to expand our continuum of post-acute care services in our key cluster markets and pursue other strategic development and acquisition opportunities."