10:30 AM EDT, 03/26/2024 (MT Newswires) -- Surgery Partners ( SGRY ) said Tuesday that its Surgery Center Holdings unit intends to offer $600 million of senior unsecured notes due 2032.

The terms of the offering will depend on market conditions and negotiations among Surgery Partners ( SGRY ) and the initial purchasers of the notes, the company said.

Net proceeds will be used to pay down debt and cover related costs, with remaining funds used for general corporate purposes, the company said.

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