Brief: Surgery Partners, Inc. Completes Refinancing Transaction

Surgery Partners

06/12/2023 14:28

Dec 6 (Reuters) - Surgery Partners Inc  SGRY.O :
    * SURGERY PARTNERS, INC. COMPLETES REFINANCING TRANSACTION
    * SURGERY PARTNERS INC - UNIT HAS RECEIVED COMMITMENTS FOR A
NEW
$1.4 BILLION SENIOR SECURED TERM LOAN
    * SURGERY PARTNERS INC - INTENDS TO USE NET CASH PROCEEDS
FROM NEW
TERM LOAN TO REPAY IN FULL ITS EXISTING SENIOR SECURED TERM LOAN
DUE 2026
    * SURGERY PARTNERS INC - INCREASED REVOLVING CREDIT
FACILITY,
STRONG LIQUIDITY POSITION POSITIONS TO CONTINUE TO EXECUTE ON
ADJUSTED EBITDA GROWTH GOALS
    * SURGERY PARTNERS - TO REFINANCE, INCREASE EXISTING
REVOLVING
CREDIT FACILITY WITH A NEW SENIOR SECURED REVOLVING CREDIT
FACILITY OF ABOUT $703.75 MILLION
    * SURGERY PARTNERS INC -  CREDIT FACILITY WITH A NEW SENIOR
SECURED REVOLVING CREDIT FACILITY MATURES FIVE YEARS AFTER
CLOSING DATE

Source text for Eikon:  ID:nGNX6vm4L7 
Further company coverage:  SGRY.O 

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