The deal will extend the maturity date of the $1.5 billion from July 25, 2014 to Jan. 25, 2017. The maturity date of the balance of the company’s term loans — approximately $4.5 billion — remains unchanged.
Shares of CHS rose 46 cents yesterday afternoon following the announcement, according to a report by Bloomberg Businessweek.
Read more coverage on CHS:
– Community Health Systems Completes Acquisition of West Virginia’s Bluefield Regional
– CHS Submits Bid for Ohio’s Forum Health
– CHS Rejoins Negotiations for North Carolina’s Beaufort Regional Health System
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
