State Tipoffs Involving Massachusetts Newsletter for Monday June 03, 2024 ( 1 items ) |
Ropes & Gray Advises Sound Physicians on $1B 'Uptier' Liability Management Transaction
BOSTON, Massachusetts, June 2 -- Ropes and Gray, a law firm, issued the following news:
Ropes & Gray represented Sound Physicians, a leading provider of physician services in the post-acute care setting, in a liability management transaction that successfully addressed Sound Physicians'more than $1 billion of funded debt. This transaction involved a complex"uptier"mechanism that received near-unanimous support across the company's capital structure.
As a result of the transaction, the company
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