debt
confidence high
sentiment neutral
materiality 0.60
Surgery Partners prices $800M 7.250% senior notes due 2032 to refinance existing debt
Surgery Partners, Inc.
- Issuer (Surgery Center Holdings) priced $800M aggregate principal of 7.250% senior unsecured notes due 2032.
- Net proceeds to redeem all outstanding 6.750% notes due 2025 and 10.000% notes due 2027.
- Expected close on April 10, 2024, subject to customary conditions.
- Excess proceeds will be used for general corporate purposes, including future acquisitions.