Loading...
Loading...
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
See full press release© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
We simplify the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in