Covenant Surgical Partners, Inc. and Consolidated Pathology, Inc. announced the private placement of $130 million aggregate principal amount of senior secured notes due 2019. The 8.75% Notes were priced at par. The sale of the Notes closed on July 16, 2014 subject to customary closing conditions. Covenant will use the proceeds from the sale of the Notes to refinance existing debt, fund planned future acquisitions as well as working capital for general corporate purposes.
