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K&S Leads First Lien Lenders in Strategic Transaction with BayMark Health Services
October 27, 2026
Shane Dornburg
Partner
Michael R. Handler
Partner
Thomas H. Hawk III (Tom)
Partner
Austin Whan
Senior Associate
King & Spalding represented Capital One, N.A., as First Lien Agent, and an ad hoc group of first lien lenders in connection with BayMark Health Services’ restructuring strategic transaction with its existing lenders.
The transaction received unanimous support across BayMark’s capital structure, materially strengthened its balance sheet and provided growth capital to support long term stability and sustainable growth.
Based in Lewisville, Texas, BayMark is North America’s leading provider of comprehensive substance use disorder treatment and recovery services, serving more than 70,000 patients each day.
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