CHS prices $1.225B tack-on 10.875% notes due 2032; conditional redemption of 8% notes due 2026

COMMUNITY HEALTH SYSTEMS INC

Priced $1.225B add-on to outstanding 10.875% Senior Secured Notes due 2032 at 102% of par, total now $2.225B outstanding.
Upsized from initial $1.125B by $100M; closing expected June 5, 2024.
Proceeds used to redeem all outstanding 8.000% Senior Secured Notes due 2026 at par plus accrued interest.
Also plans $100M repurchase of other outstanding notes and general corporate purposes including ABL repayment.
Redemption of 2026 notes conditioned on completing debt financing yielding sufficient cash proceeds.

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