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S&P: Surgery Center loan at B+
Standard & Poor's said that it assigned a B+ corporate credit rating to Surgery Center Holdings Inc.
The outlook is stable.
S&P assigned a B+ issue-level rating and a 3 recovery rating to the company's $20 million revolving credit facility due 2016 and $240 million term loan due 2017.
The ratings on Surgery Center Holdings reflect the expectation that the company will have modest EBITDA growth, reflecting some increase in volume and relatively flat reimbursement, the agency said.
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