CHS’ other debt is $934 million of senior notes due in 2015 with an 8.875 percent interest rate.
The proceeds from the $1 billion offering will also go toward related expenses and fees as well as for “general corporate purposes.”
More Articles on Community Health Systems:
Moody’s Upgrades CHS’ Rating Outlook to Stable
CHS Finalizes Exchange Offer of $2B in Senior Notes Due in 2019
Community Health Systems’ 1Q Profit Jumps 23% With HHS Settlement
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