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Published on 3/26/2024 in the Prospect News Distressed Debt Daily, Prospect News High Yield Daily and Prospect News Liability Management Daily.

Surgery Center to use proceeds to redeem two series of notes

By Mary-Katherine Stinson

Lexington, Ky., March 26 – Surgery Center Holdings Inc. will use the proceeds from a $600 million offering of eight-year senior notes to redeem the company’s 6¾% senior notes due July 1, 2025 and 10% senior notes due April 15, 2027, according to a press release.

The excess proceeds will be used for general corporate purposes, including to fund future acquisitions.

Surgery Center is a Nashville-based health care services company.


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