SAN FRANCISCO -- Bank of America said it was agent on a $125 million, seven=year revolving credit facility for Paracelsus Healthcare Corp. of Pasadena, Calif.

The operator of acute-care hospitals plans to use the credit for working capital and future acquisitions.

Paracelsus, owned by the Krukemeyer family of Germany and one of the largest private hospital operators in Europe, has 22 hospitals in California and seven other states.

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