Dallas-based Tenet Healthcare has completed its private offering of $900 million of senior secured notes with a 6.25 percent interest rate due in 2018, according to a Tenet news release (pdf).
Tenet plans to use the net proceeds of the sale to fund its offer for any and all of the outstanding $714 million in senior secured notes with a 9 percent interest rate due in 2015.
Tenet plans to use the net proceeds of the sale to fund its offer for any and all of the outstanding $714 million in senior secured notes with a 9 percent interest rate due in 2015.
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