ExamWorks sets roadshow for $500 million eight-year notes offering

By Paul A. Harris

Portland, Ore., April 7 – ExamWorks Group, Inc. plans to price a $500 million offering of eight-year senior notes on Thursday following an investor roadshow, according to market sources.

BofA Merrill Lynch, SunTrust Robinson Humphrey Inc., Wells Fargo Securities LLC, Barclays, Deutsche Bank Securities Inc., Fifth Third Securities and Goldman Sachs & Co. are the joint bookrunners for the public offering.

The notes come with three years call protection.

The Atlanta-based company plans to use the proceeds to redeem all $250 million of its 9% senior notes due 2019, as well as to repay its existing credit facility in full, and for general corporate purposes, including acquisitions.

ExamWorks provides independent medical examinations, peer reviews, bill reviews, Medicare compliance, case management, and related services.

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