Avera Health looking at restructuring about $80M of its bonds

Sioux Falls, S.D.-based Avera Health said it is exploring various options related to “tendering, purchasing, refinancing or restructuring” some or all of its 2019B bonds.

Advertisement

The total amount of the bonds is $77.2 million, according to the June 27 filing.

The 37-hospital system reported an operating loss of $13.3 million for the nine months ending March 31.

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.