Mednax to pay down revolver with some proceeds of note offering

By Wendy Van Sickle

Columbus, Ohio, Nov. 30 – Mednax, Inc. will repay some of the debt outstanding under its senior unsecured revolving credit facility with some proceeds of a $500 million offering of senior notes due 2023, according to a press release.

The company may use additional proceeds for acquisitions and for general corporate purposes.

Mednax is a Sunrise, Fla.-based medical group that provides neonatal, maternal-fetal and pediatric physician sub-specialty services as well as anesthesia services.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.