CHS Secures $1.5B in New Credit Facilities

Franklin, Tenn.-based Community Health Systems announced it has received commitments for a new $750 million senior secured revolving credit facility and a new $750 million incremental term loan A facility.

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By: Staff

The proceeds from both financing tools are expected to pay down existing debt and credit facilities, and the $1.5 billion in new financing will mature Oct. 25, 2016.

More Articles on CHS:

CHS CEO Wayne Smith Elected Chair of Federation of American Hospitals

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CHS Acquires MetroSouth Medical in Illinois

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