ASC Operator AmSurg Refinances Debt

Nashville-based AmSurg Corp. announced it has completed a debt refinancing that will allow it to borrow up to $375 million through a new credit facility. This replaces a previous credit facility that was scheduled to mature in July 2011.

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The refinancing is expected to allow AmSurg to fund acquisitions for the foreseeable future, although it will have a negative impact on the company’s 2010 results, according to the release.

At the end of March, AmSurg held a majority ownership interest in 203 ASCs, with one more in development.

Read a news release on the debt refinancing by AmSurg.

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