Moody’s: Surgery Center unaffected

Moody's Investors Service said that the increase in Surgery Center Holdings, Inc.'s senior secured first-lien term loan due 2020 to about $941 million is modestly credit negative.

However, there is no impact on the ratings of the company, including the B3 corporate family rating and B3-PD probability of default rating.

The incremental $80 million will fund two acquisitions, which include an ambulatory surgical center and a physician practice.

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