Surgery Partners (SGRY) announced that Surgery Center Holdings, a wholly owned subsidiary of the Company, intends to offer, subject to market and other considerations, an additional $425M aggregate principal amount of its 7.250% senior unsecured notes due 2032. The Notes will be guaranteed on a senior unsecured basis by each domestic wholly-owned subsidiary of the Issuer that guarantees its obligations under its senior secured credit facilities. The notes will be issued as part of the same series as the Issuer’s 7.250% senior notes due 2032 originally issued in April 2024. Surgery Partners intends to use the net proceeds from this offering for general corporate purposes, including, but not limited to, repaying outstanding borrowings under its revolving credit facility.
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