Surgical Specialties to launch $265 million credit facilities Thursday

By Sara Rosenberg

New York, April 2 – Surgical Specialties Corp. is scheduled to hold a bank meeting on Thursday to launch $265 million of credit facilities, according to a market source.

Capital One and SunTrust Robinson Humphrey Inc. are the joint bookrunners on the deal.

The facilities consist of a $30 million five-year revolver and a $235 million six-year term loan B, the source said.

Proceeds will be used to refinance existing debt. Surgical Specialties is a medical device company that markets surgical products.

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