09.07.2014 20:35:00

Covenant Surgical Partners, Inc. -- Moody's assigns B3 CFR to Covenant Surgical Partners: outlook stable

New York, July 09, 2014 -- Moody's Investors Service assigned a B3 Corporate Family Rating and B3-PD Probability of Default Rating to Covenant Surgical Partners, Inc. ("Covenant"). At the same time, Moody's assigned a B3 rating to Covenant's $120 million senior secured notes due 2019. The outlook is stable. The proceeds will be used to refinance existing debt of about $98 million, for planned future acquisitions, general corporate purposes, and to pay transaction expenses.

Vollständigen Artikel bei Moodys lesen