Surgery Partners (SGRY) Provides Preliminary First Quarter 2021 Financial Performance Update

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Surgery Partners, Inc. Announces Term Loan Refinancing and Conversion of Preferred Stock; Provides Preliminary First Quarter 2021 Financial Performance Update

April 20, 2021 7:45 AM UTC

Refinancing $119 million of incremental term loans raised in April 2020Provided notice to BCPE Seminole Holdings LP (Bain Capital) of its intention to convert Series A preferred stock into 22.609 million common sharesFirst Quarter 2021 Revenue expected to exceed $505 million and Adjusted EBITDA anticipated to be at least $70 million; 2021 Projected Adjusted EBITDA to be at least $315 million

BRENTWOOD, Tenn., April 20, 2021 (GLOBE NEWSWIRE) -- Surgery Partners, Inc. (NASDAQ:... More