Franklin, Tenn.-based Community Health Systems has completed a cash tender offer of $639.7 million of senior notes due 2015.
CHS' principal amount of the senior notes, which have an 8.875 percent interest rate, was $934 million, so roughly 68.5 percent of the outstanding debt was validly tendered.
Last month, CHS completed its debt offering of $1.2 billion in senior notes due in 2020, and part of those proceeds went toward this offering.
CHS' principal amount of the senior notes, which have an 8.875 percent interest rate, was $934 million, so roughly 68.5 percent of the outstanding debt was validly tendered.
Last month, CHS completed its debt offering of $1.2 billion in senior notes due in 2020, and part of those proceeds went toward this offering.
More Articles on CHS Financing:
CHS Completes Newest Offering of $1.2B
CHS to Offer $1B in Senior Notes to Pay Off Other Debt
CHS Finalizes Exchange Offer of $2B in Senior Notes Due in 2019