Franklin, Tenn.-based Community Health Systems has completed its debt offering of $1.2 billion in senior notes due in 2020.
Earlier this month, CHS planned to offer only $1 billion in those notes, which carry an interest rate of 7.125 percent.
As previously stated, CHS will use the proceeds from the debt offering to pay off $934 million of senior notes due in 2015 and other general corporate purposes. The notes due in 2015 carry an interest rate of 8.875 percent.
Earlier this month, CHS planned to offer only $1 billion in those notes, which carry an interest rate of 7.125 percent.
As previously stated, CHS will use the proceeds from the debt offering to pay off $934 million of senior notes due in 2015 and other general corporate purposes. The notes due in 2015 carry an interest rate of 8.875 percent.
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