U.S. Bank Healthcare Closes $931 Million in Credit Facilities for Trinity Health System

  U.S. Bank Healthcare Closes $931 Million in Credit Facilities for Trinity
  Health System

Business Wire

MINNEAPOLIS -- November 13, 2012

U.S. Bank announced that its Healthcare Division has closed two credit
facilities totaling $931 million for Trinity Health (Novi, Mich.). U.S. Bank
is the sole bookrunner, lead arranger and administrative agent for the
transactions.

“U.S. Bank Healthcare is pleased to expand our relationship with Trinity
Health,” said Robert Joyce, senior vice president and business head of U.S.
Bank Healthcare. “We consulted closely with the system to create a specialized
solution for both their long and short term needs.”

About Trinity Health System
Trinity Health is the 10th largest health system in the nation and the fourth
largest Catholic health care system in the country, by total number of
hospitals and total bed count, respectively. Based in Novi, Mich., Trinity
Health operates 49 acute-care hospitals, 432 outpatient facilities, 33
long-term care facilities, and numerous home health offices and hospice
programs in 10 states. Employing about 56,000 full-time staff, Trinity Health
reports about $9.0 billion in unrestricted revenue. As a not-for-profit health
system, Trinity Health reinvests its profits back into the community through
programs to serve those who are poor and uninsured, manage chronic conditions
like diabetes, health education and promotion initiatives, and outreach for
the elderly. In fiscal 2011, this included more than $453 million in such
community benefits. For more information about Trinity Health, visit
www.trinity-health.org, follow @TrinityHealthMI on Twitter, or become a fan of
the Trinity Health Facebook page at www.facebook.com/trinityhealth.

About U.S. Bank Healthcare
The U.S. Bank Healthcare  Division  serves large healthcare institutions by
leveraging its expertise and understanding of the unique dynamics of the
industry to deliver flexible and creative credit, capital markets, treasury
management, payments and trust and custody solutions in a relationship-based,
consultative manner. The group serves healthcare clients nationally from
offices in St. Louis, Nashville, Atlanta, Seattle, New York, Milwaukee,
Cincinnati, Portland, Oregon and Newport Beach, California. For more
information, please visit www.usbank.com/healthcaredivision.

About U.S. Bancorp
Minneapolis-based U.S. Bancorp (NYSE: USB), with $353 billion in assets as of
June 30, 2012, is the parent company of U.S. Bank National Association, the
fifth-largest commercial bank in the United States. The company operates 3,080
banking offices in 25 states and 5,085 ATMs and provides a comprehensive line
of banking, brokerage, insurance, investment, mortgage, trust and payment
services products to consumers, businesses and institutions. U.S. Bancorp and
employees are dedicated to improving the communities they serve, for which the
company earned the 2011 Spirit of America Award, the highest honor bestowed on
a company by United Way. Visit U.S. Bancorp on the web at www.usbank.com.

Contact:

Aimee LaCasse, U.S. Bank Healthcare
(415) 464-8526, aimee.lacasse@usbank.com
or
Nicole Garrison-Sprenger, U.S. Bank Public Relations
(612) 303-0731, nicole.sprenger@usbank.com
 
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