Almost Family up 5% after securing $75M line of credit

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Home health service provider Almost Family Inc. (Nasdaq:AFAM) is up 5% today to a 52-week high after the company announced Wednesday it had secured a new senior multi-bank facility. The new facility will provide up to $75 million in loans with a maturity date of July 2011, the Louisville, Ky.-based company said.

In today’s trading, shares are up $1.44 to $29.49 at 10:54 a.m. ET. Shares have ranged from $13.69 to today’s 52-week high of $29.45, reached just after the opening.

For detailed price information and recent news stories about Almost Family Inc., click AFAM.