debt
confidence high
sentiment neutral
materiality 0.50
Encompass Health issues $100M of 5.875% Senior Notes due 2034
Encompass Health Corp
- Issued $100M aggregate principal of 5.875% Senior Notes due 2034 in private offering on Aug 13, 2026.
- Purchase price 98.75% of par; net proceeds ~$96.9M after discounts and offering expenses.
- Proceeds, with cash on hand, used to repay a portion of outstanding revolving credit facility.
- Additional issuance to $500M existing notes from May 29, 2026; identical terms, single class.
- Sold to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S.