HCA said it intends to use the proceeds from the offering of notes to refinance outstanding obligations, including $1 billion of its 6.25 percent senior notes maturing in 2021.
Fitch Ratings assigned a “BB/RR4” rating to the senior notes due in 2030. The credit rating agency listed several factors to support the rating, including HCA’s industry-leading operating margins and top line growth that has consistently outpaced most other for-profit hospital operators.
More articles on healthcare finance:
8 health systems with strong finances
HCA wins bid to dismiss ER ‘cover charge’ suit
Nebraska hospital hit with credit downgrade over EMR problems
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
