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Published on 9/29/2017 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Covenant Surgical delays redemption of 8¾% notes due 2019 to Oct. 3

New York, Sept. 29 – Covenant Surgical Partners, Inc. and Consolidated Pathology, Inc. said that the previously announced redemption of their $172.5 million of 8¾% senior secured notes due 2019 will be delayed by one day to Oct. 3.

Previously the redemption was planned for Oct. 2, according to an announcement.

The redemption price will be 103.281% of par plus accrued interest.

Completion of the redemption remains subject to the closing of the merger of Covenant Surgical with Cosmo Acquisition Corp.

Covenant Surgical is a Nashville, Tenn.-based acquirer and operator of ambulatory surgery centers and physician practices.


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