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Select Medical ( (SEM) ) just unveiled an update.
Select Medical Corporation is set to offer $850 million in senior notes due 2032, guaranteed by its subsidiaries, to refinance existing debt and make strategic financial amendments. The move includes a new $750 million term loan and extending credit facilities, while the notes will be sold privately to institutional buyers. This financial maneuver aims to strengthen Select Medical’s market position amidst fluctuating economic conditions and regulatory challenges.
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