Covenant Surgical to launch first- and second-lien loans on Thursday

By Sara Rosenberg

New York, May 28 – Covenant Surgical Partners Inc. will hold a bank meeting at 10 a.m. ET on Thursday to launch first- and second-lien term loans, according to a market source.

KKR Capital Markets is the lead on the deal.

Proceeds will be used to refinance existing debt and fund acquisitions under letters of intent.

Covenant Surgical is a Nashville, Tenn.-based acquirer and operator of ambulatory surgery centers and physician practices.

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