Naples, Fla.-based Health Management Associates has priced its offering of $875 million of senior unsecured notes, according to an HMA news release.
The closing of the notes sale is expected to occur next week. The notes will mature on Jan. 15, 2020, and will pay interest semi-annually at an overall annual rate of 7.375 percent.
HMA plans to use the net proceeds of the note offering to pay down outstanding debt and for other general corporate purposes, according to the release.
The closing of the notes sale is expected to occur next week. The notes will mature on Jan. 15, 2020, and will pay interest semi-annually at an overall annual rate of 7.375 percent.
HMA plans to use the net proceeds of the note offering to pay down outstanding debt and for other general corporate purposes, according to the release.
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