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Tenet Healthcare Corp (THC.N)

THC.N on New York Stock Exchange

15.18USD
9 Dec 2016
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Thu, Nov 17 2016

Fitch Rates Tenet's $750MM Second Lien Secured Notes 'B-/RR5'

(The following statement was released by the rating agency) NEW YORK, November 17 (Fitch) Fitch Ratings has assigned a 'B-/RR5' rating to Tenet Healthcare Corp.'s $750 million 7.5% senior secured second lien notes. About $500 million of the proceeds will be used to pay down balances outstanding on Tenet's asset based lending (ABL) facility, which was drawn to fund litigation settlements during fourth-quarter 2016. The senior secured first lien notes have been downgraded to 'BB-/RR2' from 'B

BRIEF-Tenet Healthcare says upsized and priced offering of senior notes

* Tenet announces upsizing and pricing of its private offering of senior secured second lien notes

BRIEF-Tenet announces private offering of senior secured second lien notes

* Tenet Healthcare Corp - offering to sell $500 million aggregate principal amount of newly issued senior secured second lien notes

BRIEF-Tenet Healthcare board appoints two new independent directors

* Tenet Healthcare Corp board appoints two new independent directors

Tenet Healthcare expects bigger full-year loss

Tenet Healthcare Corp , the No. 3 for-profit U.S. hospital operator, reported a lower-than-expected adjusted quarterly profit as expenses rose, and said it expects its full-year loss to be bigger than it previously forecast.

UPDATE 1-Tenet Healthcare expects bigger full-year loss

Oct 31 Tenet Healthcare Corp, the No. 3 for-profit U.S. hospital operator, reported a lower-than-expected adjusted quarterly profit as expenses rose, and said it expects its full-year loss to be bigger than it previously forecast.

Tenet Healthcare expects bigger loss for the full year

Oct 31 Tenet Healthcare Corp, the third largest for-profit U.S. hospital operator, reported a smaller-than-expected adjusted profit for the quarter and said it expects its full-year loss to be bigger than it previously forecast.

BRIEF-Tenet reports results for Q3, updates 2016 outlook

* Tenet reports results for the third quarter ended September 30, 2016

Tenet Healthcare to pay more than $513 mln over fraud scheme -Justice Dept

U.S. hospital chain Tenet Healthcare Corp and two of its Atlanta-area units will pay more than $513 million to resolve criminal charges and civil claims relating to a scheme to defraud the United States and pay kickbacks in exchange for patient referrals, the Justice Department said on Monday.

Tenet Healthcare to pay more than $513 million over fraud scheme: Justice Department

WASHINGTON U.S. hospital chain Tenet Healthcare Corp and two of its Atlanta-area units will pay more than $513 million to resolve criminal charges and civil claims relating to a scheme to defraud the United States and pay kickbacks in exchange for patient referrals, the Justice Department said on Monday.

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