HealthSouth Corp. (HLS) said that it has commenced a tender offer to purchase for cash any and all of its outstanding floating rate senior notes due 2014. The offer will expire on December 14.
HealthSouth is also soliciting consents to amend the indenture governing the notes. The proposed amendments will eliminate or make less restrictive substantially all of the restrictive covenants and eliminate certain other related provisions contained in the indenture governing the notes.
The total consideration for each $1,000 principal amount of the notes will be $1,030, which includes an early tender amount of $30.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.