CHS Completes Newest Offering of $1.2B

Franklin, Tenn.-based Community Health Systems has completed its debt offering of $1.2 billion in senior notes due in 2020.

Earlier this month, CHS planned to offer only $1 billion in those notes, which carry an interest rate of 7.125 percent.

As previously stated, CHS will use the proceeds from the debt offering to pay off $934 million of senior notes due in 2015 and other general corporate purposes. The notes due in 2015 carry an interest rate of 8.875 percent.

More Articles on CHS Refinancing:

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

CHS Finalizes Exchange Offer of $2B in Senior Notes Due in 2019

Tenet, CHS Announce New Financing Initiatives

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