debt
confidence high
sentiment neutral
materiality 0.60
Tenet calls for full redemption of $2.1B 4.875% Senior Secured Notes due 2026
TENET HEALTHCARE CORP
- All $2.1 billion aggregate principal of 4.875% Senior Secured First Lien Notes due 2026 called for redemption.
- Redemption date is March 5, 2024, at 100% of principal plus accrued interest up to but not including that date.
- Redemption will be funded with cash on hand, per the press release.
- The Notes were issued under the Indenture dated November 6, 2001, as supplemented.