Encompass Health Corp (EHC): debt financing — Encompass Health issues $500M 5.875% notes due 2034; to redeem $400M of 4.500% notes due 2028

Encompass Health Corp

Issued $500M 5.875% Senior Notes due 2034 at par; net proceeds ~$491.2M after discounts and expenses.
Proceeds to redeem $400M of 4.500% Senior Notes due 2028 and repay $100M under revolving credit facility.
Notes mature June 1, 2034; interest payable semi-annually June 1 and Dec 1 starting Dec 1, 2026.
Notes are senior unsecured, jointly guaranteed by subsidiaries that guarantee other debt.
Company may redeem notes on/after June 1, 2029 at specified prices; prior to that at make-whole premium.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

Encompass Health Corp incurred senior notes of $500 million in aggregate principal amount with Computershare Trust Company, National Association at 5.875% per annum maturing June 1, 2034.

Instrument: senior notes
Principal: $500 million in aggregate principal amount
Counterparty: Computershare Trust Company, National Association
Rate: 5.875% per annum
Maturity: June 1, 2034
Event: incurrence

Exact text from the filing

On May 29, 2026, Encompass Health Corporation (the “Company”) completed the issuance and sale of $500 million in aggregate principal amount of its 5.875% Senior Notes due 2034 (the “Notes”), along with the related guarantees of the Notes by certain of the Company’s subsidiaries (the “Guarantees”), in a private offering.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Encompass Health Corp entered into Indenture with Computershare Trust Company, National Association valued at $500 million (effective 2026-05-29).

Action: entry
Agreement: notes offering
Counterparty: Computershare Trust Company, National Association
Value: $500 million
Effective: 2026-05-29

Exact text from the filing

On May 29, 2026, Encompass Health Corporation (the "Company") completed the issuance and sale of $500 million in aggregate principal amount of its 5.875% Senior Notes due 2034 (the "Notes"), along with the related guarantees of the Notes by certain of the Company's subsidiaries (the "Guarantees"), in a private offering.

View on SEC.gov

42 debt financings filed in the last 30 days. Browse all debt financings →

Encompass Health Corp filing history →

Source: SEC EDGAR

accession 0000785161-26-000161

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