Franklin, Tenn.-based Community Health Systems will offer $1 billion in senior notes due in 2020 in order to pay off other debt that is due in 2015.
CHS' other debt is $934 million of senior notes due in 2015 with an 8.875 percent interest rate.
The proceeds from the $1 billion offering will also go toward related expenses and fees as well as for "general corporate purposes."
CHS' other debt is $934 million of senior notes due in 2015 with an 8.875 percent interest rate.
The proceeds from the $1 billion offering will also go toward related expenses and fees as well as for "general corporate purposes."
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