debt
confidence high
sentiment neutral
materiality 0.50
Community Health Systems announces 93.32% of 2028 notes tendered; consent obtained for indenture amendments.
COMMUNITY HEALTH SYSTEMS INC
- $584.1M (93.32%) of $625.9M outstanding 6.875% Senior Unsecured Notes due 2028 tendered as of May 6, 2025.
- Early settlement expected May 8, 2025; $41.8M in notes will remain outstanding.
- Requisite consent received to eliminate substantially all restrictive covenants and certain default provisions from the indenture.
- Citigroup Global Markets Inc. acting as dealer manager and solicitation agent.