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Tenet Healthcare Corp Announces Private Offering of Senior Secured Notes

Wednesday, 15 May 2013 08:57am EDT 

Tenet Healthcare Corp announced that it is offering to sell $1,050 million aggregate principal amount of senior secured notes maturing in 2021 through a private placement. The senior secured notes will be guaranteed by and secured by a pledge of the capital stock and other ownership interests of certain of Tenet`s subsidiaries. The proceeds from the offering will be used to purchase Tenet`s 8.875% senior secured notes due 2019 in a tender offer. 

Company Quote

-0.76 -1.52%
5 Mar 2015