NEW YORK (S&P Global Ratings) Jan. 27, 2021--S&P Global Ratings today said that Surgery Partners Inc.'s (B-/Stable/--) offering of 6 million shares of its common stock, along with the underwriters' option to purchase up to an additional 900,000 shares, does not affect any of our ratings on the company. However, we view the offering as slightly credit positive because it will improve Surgery Partners' liquidity. We expect the company to use some of the proceeds from the offering to fund acquisitions in place of debt financing. Based on its current stock price, we believe that Surgery Partners could raise about $180 million-$210 million of proceeds from the transaction. Our 'B-' issuer credit rating and stable outlook on the company reflect
