Vanguard Health Systems to Issue $350M in Senior Notes

Nashville-based Vanguard Health Systems has announced plans to issue $350 million in 7.75 percent senior notes due 2019.

The hospital operator plans to use the proceeds from the offering for general corporate purposes, which may include, but are not limited to: working capital, capital expenditures, acquisitions, the repayment of any outstanding indebtedness under Vanguard's existing revolving credit facility and to pay the fees and expenses incurred in connection with the offering.

More Articles on Vanguard Health Systems:

Vanguard CEO Charles Martin Jr.'s Compensation Tops $3.7M
Vanguard Names Joe Mullany President of Detroit Medical Center
Vanguard Revenue Soars 61% Due to DMC Acquisition

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