debt
confidence high
sentiment neutral
materiality 0.52
Encompass Health prices $500M of 5.875% senior notes due 2034 to refinance debt
Encompass Health Corp
- Issued $500M aggregate principal of 5.875% senior notes due 2034; closing expected May 29, 2026.
- Net proceeds plus cash to redeem $400M of 4.500% senior notes due 2028 at par.
- Also will repay $100M outstanding under its revolving credit facility.
- Wells Fargo Securities acted as representative of the initial purchasers.
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