Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
COMMUNITY HEALTH SYSTEMS INC incurred senior notes of $1,000,000,000 aggregate principal amount with Regions Bank at 10.875% per year maturing 2032.
- Instrument
- senior notes
- Principal
- $1,000,000,000 aggregate principal amount
- Counterparty
- Regions Bank
- Rate
- 10.875% per year
- Maturity
- 2032
- Event
- incurrence
Exact text from the filing
On December 22, 2023, CHS/Community Health Systems, Inc. (the "Issuer"), a direct, wholly owned subsidiary of Community Health Systems, Inc. (the "Company"), completed its previously announced offering (the "Notes Offering") of $1,000,000,000 aggregate principal amount of its 10.875% Senior Secured Notes due 2032 (the "Notes").
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
COMMUNITY HEALTH SYSTEMS INC entered into Indenture with Regions Bank, as trustee, and Credit Suisse AG, as collateral agent valued at $1,000,000,000 (effective 2023-12-22).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- Regions Bank, as trustee, and Credit Suisse AG, as collateral agent
- Value
- $1,000,000,000
- Effective
- 2023-12-22
Exact text from the filing
On December 22, 2023, CHS/Community Health Systems, Inc. (the “Issuer”), a direct, wholly owned subsidiary of Community Health Systems, Inc. (the “Company”), completed its previously announced offering (the “Notes Offering”) of $1,000,000,000 aggregate principal amount of its 10.875% Senior Secured Notes due 2032 (the “Notes”). The terms of the Notes are governed by an indenture, dated as of December 22, 2023, among the Issuer, the Company, the subsidiary guarantors party thereto, Regions Bank, as trustee (the “Trustee”), and Credit Suisse AG, as collateral agent (the “Collateral Agent”) (the “Indenture”).
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