AmSurg Prices 5.5M Share Offering @$80.00/Share

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AmSurg Corp.
AMSG
today announced that it has priced its underwritten public offering of 5,500,000 shares of its common stock at a price of $80.00 per share. The net proceeds from the offering will be approximately $422 million, after estimated issuance discounts and commissions. AmSurg intends to use the net proceeds from the offering to repay outstanding indebtedness under its revolving credit facility borrowed to fund its recent acquisitions, to fund a portion of the approximately $500 million of acquisition opportunities in its pipeline that are under letter of intent and targeted to close between now and the end of the first quarter of 2016 and for other general corporate purposes. In addition, AmSurg has granted the underwriters a 30-day
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Posted In: NewsOfferingsPress Releases
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