Mon 05/02/2022 10:51 AM
Envision Healthcare Distressed Debt Update:
Last Friday, April 29, Envision Healthcare
closed a series of recapitalization transactions that resulted in $1.3 billion of additional capital and a reduction of about $580 million of total debt. The transactions also included designating about 83% of the company’s ambulatory surgery centers business, AmSurg, as an unrestricted subsidiary under its debt documents, according to sources.
Although Envision Healthcare believes the transactions...
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