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
