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Prospect News home > News index > List of issuers E > Headlines for Envision Healthcare Corp. > News item |
Envision Healthcare to redeem 9¼%/10% senior PIK toggle notes in full
By Angela McDaniels
Tacoma, Wash., Aug. 13 - Envision Healthcare Holdings, Inc. plans to redeem its outstanding 9¼% / 10% senior PIK toggle notes due 2017 in full, according to a company news release.
The company will fund the redemption with the proceeds of its $966 million initial public offering of common stock.
Proceeds will also be used for general corporate purposes, which may include additional repayment of debt.
Greenwood Village, Colo.-based Envision Healthcare Holdings provides health-care-related services. It is the parent company of Envision Healthcare Corp., formerly Emergency Medical Services Corp.
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