debt
confidence high
sentiment neutral
materiality 0.55
Surgery Partners subsidiary prices $425M add-on of 7.250% senior notes due 2032
Surgery Partners, Inc.
- Issuer Surgery Center Holdings priced $425M aggregate principal of 7.250% senior unsecured notes due 2032.
- Notes are part of same series as $800M notes originally issued in April 2024.
- Net proceeds to be used for general corporate purposes, including repaying revolving credit facility.
- Offering expected to close on December 16, 2025, subject to customary conditions.
- Notes guaranteed on senior unsecured basis by domestic wholly-owned subsidiaries that guarantee senior secured credit facilities.