HMA Prices Private Offering of $875M in Senior Notes

Naples, Fla.-based Health Management Associates has priced its offering of $875 million of senior unsecured notes, according to an HMA news release.

Advertisement

The closing of the notes sale is expected to occur next week. The notes will mature on Jan. 15, 2020, and will pay interest semi-annually at an overall annual rate of 7.375 percent.

HMA plans to use the net proceeds of the note offering to pay down outstanding debt and for other general corporate purposes, according to the release.

Related Articles on HMA:

Health Management Associates to Refinance Debt With $3.7B in New Borrowing

HMA, Integris Strike Joint Venture Deals for 5 Oklahoma Hospitals

Health Management Associates’ Revenue, Income up in 3Q

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.