AmSurg windfall ends distressed debt saga


Pacific Investment Management Co, King Street Capital Management, and Partners Group are among the AmSurg owners netting nearly US$4bil from the deal. — Bloomberg

NASHVILLE: The sale of AmSurg, an ambulatory surgery company once part of KKR & Co-backed Envision Healthcare Corp, caps an epic distressed-debt saga that will hand a windfall to investors that took ownership of the business after an ugly debt brawl.

Pacific Investment Management Co, King Street Capital Management, and Partners Group are among the AmSurg owners netting nearly US$4bil from the deal to sell the company to Ascension Health, one of the biggest nonprofit health systems in the United States.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

IATA optimistic on Malaysia's aviation outlook as regional recovery accelerates
ISF Group, Alliance Islamic Bank ink IPO underwriting agreement
Bank Islam targets 50% rise in BIMB biz users payment to voice feature
CPO output down 5.3%, palm oil exports fall 28.13% in Nov -�MPOB
Bursa Malaysia slips at midday amid subdued regional sentiment
EcoWorld achieves record sales and profit in FY25
LAC Med shares up on market debut
Steel unit price index falls 0.1 to 3.2 % in Nov - DoSM
SumiSaujana explores partnership with China polyurethane product manufacturer
Carsome's record retail performance drives up 3Q earnings

Others Also Read