ResCare to Syndicate New Senior Secured Credit Facilities

(LOUISVILLE, KY) – ResCare, Inc. today announced that the Company has initiated a process to syndicate new senior secured credit facilities to replace its existing senior secured revolving credit facility and fund the repayment of its Term Loan B credit facility. The Company plans to syndicate $350 million senior secured credit facilities, comprised of a $175 million senior secured Term Loan A credit facility and a $175 million senior secured revolving credit facility, both of which will mature in April 2017. The facilities are expected to close in April 2012, subject to market and other customary conditions.