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The latest announcement is out from Surgery Partners Inc (SGRY).
Surgery Center Holdings, Inc., a subsidiary of Surgery Partners, Inc., successfully raised $800 million through the sale of 7.250% senior unsecured notes due in 2032. These notes are set to mature in April 2032 with interest payments twice annually and include provisions for redemption before maturity under certain conditions, such as using equity issuance proceeds. Concurrently, the company also satisfied and discharged its previous debt from 2019 and 2017 senior notes, ensuring all obligations are met until the designated Redemption Date. This strategic financial maneuver helps streamline the company’s debt structure while providing funds for its operations or growth initiatives.
See more insights into SGRY stock on TipRanks’ Stock Analysis page.
