AmSurg to 'Remain Acquisitive,' Grow Revenue, Says S&P

Written by Rachel Fields | November 08, 2012 | Print  |

U.S. ambulatory surgery center operator AmSurg plans to issue $250 million senior unsecured notes to repay borrowings from its revolving credit facility, according to a Reuters report.

On Nov. 7, 2012, Standard & Poor's assigned Nashville, Tenn.-based surgery center operator AmSurg its "BB-" corporate credit rating. The outlook is stable.

The stable rating outlook reflects S&P's expectation that AmSurg will remain acquisitive and that same-center revenue will continue to grow at a moderate pace.

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