Exhibit 99.2
AMN Healthcare Announces Pricing of Senior Notes Offering
DALLAS and SAN DIEGO — Sept. 26, 2019 — AMN Healthcare Services, Inc. (NYSE: AMN), announced today that its wholly subsidiary, AMN Healthcare, Inc., priced its previously announced private offering of $300 million aggregate principal amount of Senior Notes due 2027. The Senior Notes will bear an interest rate of 4.625% per annum and will be issued at 100.00% of their face value. The Senior Notes will be guaranteed by the Company’s affiliates that guarantee the Company’s credit facilities.
The Company intends to use the proceeds from the private offering (i) to repay (1) $100.0 million of certain existing term loan indebtedness under the Credit Facilities and (2) all outstanding borrowings under the revolving portion of its Credit Facilities, (ii) to pay fees and expenses related to the offering and (iii) for general corporate purposes.
The offering is expected to close October 1, 2019, subject to satisfaction of customary closing conditions.
The Senior Notes will be offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended, and tonon-U.S. persons outside of the United States in compliance with Regulation S under the Securities Act. The Senior Notes will not be registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
This press release does not constitute an offer to sell or the solicitation of an offer to buy the Senior Notes, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.
About AMN Healthcare
AMN Healthcare is the leader and innovator in healthcare workforce solutions and staffing services to healthcare facilities across the nation. The Company provides unparalleled access to the most comprehensive network of quality healthcare professionals through its innovative recruitment strategies and breadth of career opportunities. With insights and expertise, AMN Healthcare helps providers optimize their workforce to successfully reduce complexity, increase efficiency and improve patient outcomes. AMN Healthcare delivers managed services programs, healthcare executive search solutions, vendor management systems, recruitment process outsourcing, predictive labor analytics, revenue cycle management, credentialing solutions, and other services. AMN Healthcare is committed to fostering and maintaining a diverse team that reflects the communities we serve. Our commitment to the inclusion of many different backgrounds, experiences and perspectives enables our innovation and leadership in the healthcare services industry.