---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-116904"
form_type: "8-K"
ticker: "CYH"
cik: "0001108109"
company_name: "COMMUNITY HEALTH SYSTEMS INC"
filed_at: "2025-05-09T23:59:59+00:00"
generated_at: "2026-05-22T01:19:56.048313+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CHS issues $700M 10.75% notes due 2033; uses proceeds to redeem 8% notes due 2027

## Summary
- Issued $700M 10.750% Senior Secured Notes due 2033, closed May 9, 2025.
- Net proceeds with cash on hand redeem all $699.924M of 8.000% Senior Secured Notes due 2027.
- Supplemental indenture removes substantially all restrictive covenants on 6.875% 2028 Notes.
- Interest on new notes paid semi-annually from Dec 15, 2025; make-whole redemption before June 15, 2030.
- Refinancing extends maturity to 2033 but increases coupon from 8% to 10.75%.

## SEC filing metadata
- accession: 0001193125-25-116904
- form_type: 8-K
- ticker: CYH
- cik: 0001108109
- company_name: COMMUNITY HEALTH SYSTEMS INC
- filed_at: 2025-05-09T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1108109/000119312525116904/0001193125-25-116904-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1108109/000119312525116904/d929599d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-116904
- JSON: https://secwatch.observer/filing/0001193125-25-116904.json
- Plain text: https://secwatch.observer/filing/0001193125-25-116904.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.