Mednax proposes $400M private offering

Sunrise, Fla.-based medical group Mednax has proposed issuing $400 million in aggregate principal amount of senior notes in a private offering due in 2030.

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 Mednax plans to use the net proceeds from the offering of notes and other available funds to claim its remaining 6.25 percent senior notes due in 2027, according to a Feb. 1 press release.

The offering will be exempt from the Securities Act of 1933’s registration requirements.

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