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Community Health Systems To Offer $1.5 Bln Of Sr. Notes

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Community Health Systems, Inc. (CYH) Monday said it intends to offer $1.5 billion of senior secured notes due 2034.

The company plans to use proceeds from the offering towards refinancing a portion of its outstanding 5.625% senior
secured notes due 2027 through a tender offer and/or a redemption.

Separately, Community Health Systems said its subsidiary CHS/Community Health Systems has commenced a cash tender offer for up to $1.470 billion of about $1.757 billion outstanding 5.625% senior secured notes due 2027.

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