Net proceeds from the offering will be used for “general corporate purposes,” which could include funding part of its acquisition of the Colorado Health Foundation’s shares of its Denver-based joint venture, HCA-HealthONE.
Terms of the notes, including interest rate and principal amount, will depend on the conditions of the market during pricing, the release said.
Related Articles on HCA:
HCA’s New Deal With Cigna Extended for Two More Years
HCA to Repurchase 80.8M Shares of Stock Owned by Bank of America
HCA: Decline in Heart Surgeries Led to Low 2Q Postings