Franklin, Tenn.-based Community Health Systems completed its offering of $1.6 billion of senior notes due in 2018.
The size of the offering was $350 million higher than the initial posting, and the notes carried an interest rate of 5.125 percent. CHS will use the proceeds to prepay a portion of some outstanding term loans within its senior credit facilities and to pay other related financing fees.
The size of the offering was $350 million higher than the initial posting, and the notes carried an interest rate of 5.125 percent. CHS will use the proceeds to prepay a portion of some outstanding term loans within its senior credit facilities and to pay other related financing fees.
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