AmSurg Corp. Announces Launch of Exchange Offer for 5.625% Senior Notes Due 2022
January 16 2015 - 5:06PM
Business Wire
AmSurg Corp. (the “Company”) (NASDAQ: AMSG) today announced
that it has launched an offer to exchange up to $1.1 billion
aggregate principal amount of its 5.625% Senior Notes due 2022,
which have been registered under the Securities Act of 1933, as
amended (the “Act”) (the “exchange notes”) for any or all of its
$1.1 billion aggregate principal amount of 5.625% Senior Notes due
2022, which are not registered under the Act (the “private notes”).
The exchange offer will expire at 5:00 p.m. (New York City time) on
February 18, 2015, unless extended by the Company. Valid tenders of
the private notes must be made, and may be withdrawn at any time,
before the exchange offer expires.
The exchange notes are substantially identical to the private
notes, except the exchange notes are registered under the Act, and
the restrictions on transfer and registration rights, and related
additional interest provisions, applicable to the private notes
will not apply to the exchange notes. The private notes were
originally sold in a private placement to qualified institutional
buyers under Rule 144A and to persons outside the United States
under Regulation S, which sale was completed on July 16, 2014 in
connection with the Company’s acquisition of Sheridan
Healthcare.
Documents describing the terms of the exchange offer, including
the prospectus and transmittal materials for making tenders, may be
obtained from our exchange agent, U.S. Bank, National Association,
via registered or certified mail at U.S. Bank, National
Association, Attention: Specialized Finance, 111 Fillmore Avenue,
St. Paul, Minnesota 55107, or via facsimile at
(651) 466-7372.
This press release does not constitute an offer to purchase or a
solicitation of an offer to sell securities. The exchange offer is
being made only pursuant to the prospectus and the related
transmittal materials and only to such persons and in such
jurisdictions as is permitted under applicable law.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the federal securities laws, including statements
that are based on current expectations, forecasts and assumptions
that involve risks and uncertainties that could cause actual
outcomes and results to differ materially. Forward-looking
statements relate to expectations, beliefs, projections, future
plans and strategies, anticipated events or trends and similar
expressions concerning matters that are not historical facts.
In some cases, you can identify forward-looking statements by
the use of forward-looking terminology such as “may,” “will,”
“should,” “expects,” “intends,” “plans,” “anticipates,” “believes,”
“estimates,” or “predicts,” or the negative of these words or
phrases or similar words or phrases, which are predictions of or
indicate future events or trends and which do not relate solely to
historical matters. While forward-looking statements reflect the
Company’s good faith beliefs, assumptions and expectations, they
are not guarantees of future performance. Furthermore, the Company
disclaims any obligation to publicly update or revise any
forward-looking statement to reflect changes in underlying
assumptions or factors, new information, data or methods, future
events or other changes. Certain risks and uncertainties related to
the Company’s business are or will be described in greater detail
in the Company’s filings with the SEC. The information set forth
herein should be read in light of such risks.
About AmSurg Corp.
AmSurg Corp. operates an Ambulatory Services business that
acquires, develops and operates ambulatory surgery centers in
partnership with physician practice groups throughout the U.S.
AmSurg also operates a Physician Services business that provides
outsourced physician services in multiple specialties to hospitals,
ASCs and other healthcare facilities, primarily in the areas of
anesthesiology, children’s services, emergency medicine and
radiology. Through these businesses as of September 30, 2014,
AmSurg owned and operated 243 ASCs in 34 states and provided
physician services in 25 states, employing more than 2,600
physicians and other healthcare professionals.
AmSurg Corp.Claire M. Gulmi, 615-665-1283Executive Vice
President and Chief Financial Officer
Amsurg Corp. (NASDAQ:AMSG)
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