Mednax plans to repay some revolver debt using proceeds from notes

By Sarah Lizee

Olympia, Wash., Nov. 7 – Mednax, Inc. plans to repay a portion of the outstanding debt under its senior unsecured revolving credit facility using proceeds from a new offering, according to a press release.

The company said on Wednesday that it intends to price a $750 million offering of senior notes due 2026.

Mednax is a Fort Lauderdale, Fla.-based provider of physician services.

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