U.S. Physical Therapy Hedges $170.6M Term Loan at 4.578% in SOFR Swap With Bank of America

U.S. Physical Therapy entered into a forward-starting interest rate swap with Bank of America to hedge its term loan under the April 14, 2026 Credit Agreement. Effective June 30, 2027, the $170.6 million notional swap fixes the company’s monthly payments at 4.578% in exchange for one-month SOFR, am…