HCA Offers $500M in Unsecured Notes

Nashville, Tenn.-based Hospital Corporation of America is offering a $500 million aggregate principal amount of senior unsecured notes, according to an HCA news release.

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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.

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