CHS Closes on $1.6B Debt Offering of Senior Notes

Franklin, Tenn.-based Community Health Systems completed its offering of $1.6 billion of senior notes due in 2018.

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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.

More Articles on CHS Financing:

$640M of CHS’ Recent Debt Offering Tendered

CHS Completes Newest Offering of $1.2B

CHS to Offer $1B in Senior Notes to Pay Off Other Debt

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