CHS Completes Tender Offer of $1B in Senior Notes

Franklin, Tenn.-based Community Health Systems has completed its cash tender offer of $1 billion of the total $2.8 billion in aggregate principal of senior notes due in 2015 with an interest rate of 8.875 percent, according to a CHS news release.


CHS sold $1 billion in senior unsecured notes due in 2019 in November, which helped finance the current tender offer.

Related Articles on Hospital Notes:

Tenet Completes Offer of $714M in Senior Secured Notes

CHS: More Than $2.5B of 2015 Senior Notes Tendered

Health Management Closes on New Credit Facilities

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars