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Accendra Health cuts debt by $100M, extends maturities, but slow growth keeps EBITDA outlook cautious.

Market News
11 May 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Accendra Health, Inc. is in the midst of a multiyear turnaround focusing on at-home medicine after selling its hospital supply unit and improving its balance sheet. The company recently refinanced its debt, reducing gross debt by about $100 million and extending maturities, which improves liquidity and the chances of successful long-term deleveraging. Management confirmed full-year guidance, but ongoing margin pressures and slow volume growth mean EBITDA is expected to be at the lower end of the forecast. Despite these challenges, the improved capital structure supports a Buy rating with a price target of around $7 by 2030, though the investment remains speculative due to high leverage.

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