AmSurg announces plans to repay remaining 5 5/8% notes due 2020

By Angela McDaniels

Tacoma, Wash., June 26 – AmSurg Corp. plans to repay the outstanding balance of its 5 5/8% senior secured notes due 2020, according to a company news release.

The company plans to use the proceeds of a public offering of common stock, an issue of convertible preferred stock, additional debt financing, cash on hand and common stock to be issued in its acquisition of Sheridan Healthcare Inc. to repay the notes, to repay borrowings under Amsurg’s existing credit facility and to finance the Sheridan transaction.

Nashville, Tenn.-based AmSurg acquires, develops and operates ambulatory surgery centers.

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