ExamWorks to start roadshow Friday for $250 million eight-year notes

By Paul A. Harris

Portland, Ore., July 7 - ExamWorks Group, Inc. will start a roadshow on Friday for a $250 million offering of eight-year senior notes, according to an informed source.

A global investor call is set for Monday.

The deal is expected to price mid-to-late in the week ahead.

Bank of America Merrill Lynch, Barclays Capital Inc., SunTrust Robinson Humphrey Inc., Wells Fargo Securities LLC, Credit Suisse Securities (USA) LLC and Goldman Sachs & Co. are the joint bookrunners.

The Rule 144A with registration rights notes come with four years of call protection and feature a 101% poison put.

Credit ratings remain to be determined.

Proceeds will be used to repay revolver debt and for general corporate purposes, including acquisitions.

ExamWorks is an Atlanta-based provider of independent medical examinations, peer and bill reviews and related services to property and casualty insurance carriers, law firms, third-party claim administrators, government agencies and state funds.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.