Surgery Partners to pay down facility borrowings via notes offering

By Marisa Wong

Morgantown, W.Va., March 18 – Surgery Partners, Inc. plans to repay the outstanding balances on its revolving credit facility and senior secured second-lien credit facility using proceeds from an offering of senior notes, according to a filing with the Securities and Exchange Commission.

The company announced on Friday that it plans to offer $400 million of senior notes due 2021.

Proceeds from the offering may also be used for general corporate purposes.

Surgery Partners is a Nashville-based provider of surgery and related health care services.

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