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.

Advertisement

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

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.