Medical Facilities Corp. to discharge, terminate & delist debentures

Medical Facilities Corp., a company that owns ASCs and surgical hospitals throughout the U.S., plans to discharge its outstanding 5.9 percent convertible unsecured subordinated debentures.

Advertisement

Medical Facilities Corp. decided to discharge the trust indenture governing the debentures. The debentures will be terminated and no longer listed for trading on the Toronto Stock Exchange as of Dec. 31.

At that time, Medical Facilities Corp. will pay debenture holders the principal amount plus interest payments.

More articles on transactions/valuation:
7 things to know about hospital ownership, ASC acquisitions
Maine Medical Center building $59M medical office building — 3 insights
AmSurg ASC plans partial ownership transfer valued at nearly $6.2M

 

 

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in ASC Transactions & Valuation Issues

Advertisement

Comments are closed.