Envision to fund Phoenix buy with asset-based revolver borrowings

By Tali Rackner

Norfolk, Va., June 10 – Envision Healthcare Holdings, Inc. plans to use borrowings under its senior secured asset-based revolving credit facility and available cash to fund the purchase of all equity interests of Phoenix Physicians, LLC, according to an 8-K filing with the Securities and Exchange Commission.

Greenwood Village, Colo.-based Envision Healthcare Holdings provides health-care-related services. It is the parent company of Envision Healthcare Corp., formerly Emergency Medical Services Corp.

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