Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
AMSG > SEC Filings for AMSG > Form 8-K on 7-Nov-2012All Recent SEC Filings

Show all filings for AMSURG CORP

Form 8-K for AMSURG CORP


7-Nov-2012

Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation


Item 1.01. Entry into a Material Definitive Agreement.

On November 7, 2012, AmSurg Corp. (the "Company") entered into an amendment to its Revolving Credit Agreement, dated May 28, 2010, as amended (the "Revolving Credit Agreement"), with the lenders party thereto to (i) increase the Leverage Ratio (as defined in the Revolving Credit Agreement) covenant from 3.25x to 3.75x, (ii) be permitted to offer, issue and sell up to an aggregate principal amount of $275 million of senior unsecured notes (the "Senior Notes"), (iii) be permitted to incur additional senior secured indebtedness subject to the satisfaction of an incurrence test of the Secured Leverage Ratio (as defined in the Revolving Credit Agreement) on a pro forma basis and (iv) be permitted to incur additional unsecured indebtedness subject to the satisfaction of an incurrence test of the Leverage Ratio on a pro forma basis. The effectiveness of the amendment is conditioned upon, among other things, the issuance of the Senior Notes.

On November 7, 2012, the Company also amended its Note Purchase Agreement, dated May 28, 2010, as amended (the "Note Purchase Agreement"), with the noteholders named therein to (i) increase the Leverage Ratio (as defined in the Note Purchase Agreement) covenant from 3.25x to 3.75x, (ii) be permitted to offer, issue and sell the Senior Notes, (iii) be permitted to incur additional senior secured indebtedness subject to the satisfaction of an incurrence test of the Secured Leverage Ratio (as defined in the Note Purchase Agreement) on a pro forma basis, (iv) be permitted to incur additional unsecured indebtedness subject to the satisfaction of an incurrence test of the Leverage Ratio on a pro forma basis, and (v) increase the per annum interest rate applicable to the Notes (as defined in the Note Purchase Agreement) by 2.00%. The increase in the interest rate applicable to the Notes is effective November 7, 2012, and the other amendments to the Note Purchase Agreement are conditioned upon, among other things, the issuance of the Senior Notes.



Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

On November 7, 2012, the Company entered into an amendment to its Revolving Credit Agreement, the material terms and conditions of which are described in Item 1.01 of this Current Report on Form 8-K and are incorporated by reference into this Item 2.03.

On November 7, 2012, the Company entered into an amendment to its Note Purchase Agreement, the material terms and conditions of which are described in Item 1.01 of this Current Report on Form 8-K and are incorporated by reference into this Item 2.03.



Item 8.01. Other Events

On November 7, 2012, AmSurg Corp. issued a press release, the text of which is set forth as Exhibit 99, regarding the proposed private offering of $250 million in aggregate principal amount of Senior Notes.



Item 9.01. Financial Statements and Exhibits.

(d) Exhibits. The following exhibits are filed as part of this report:

Exhibit 99 Press release dated November 7, 2012


  Add AMSG to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for AMSG - All Recent SEC Filings
Copyright © 2014 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.