$640M of CHS' Recent Debt Offering Tendered

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.

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

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