Tenet Healthcare will offer a total of $900 million in senior secured notes, up from its originally announced $750 million, according to a Tenet news release (pdf).
The notes will mature in 2018 and will bear interest at a rate of 6.25 percent per year, according to the release.
Tenet plans to use the net proceeds from the offering, along with existing cash, to pay the purchase price and other stipulations for its 9 percent senior secured notes due in 2015.
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The notes will mature in 2018 and will bear interest at a rate of 6.25 percent per year, according to the release.
Tenet plans to use the net proceeds from the offering, along with existing cash, to pay the purchase price and other stipulations for its 9 percent senior secured notes due in 2015.
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