Fri 04/29/2022 16:59 PM
Envision Healthcare closed a recapitalization today that features $1.3 billion of additional capital, the designation of a portion of AmSurg as an unrestricted subsidiary, the reduction of about $580 million of total debt, an open-market purchase of certain existing creditors’ holdings as well as an intercompany loan, according to sources.
The transactions boost the medical group’s liquidity for general corporate purposes, including executing potential liability transactions in the future,...
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