debt
confidence high
sentiment neutral
materiality 0.65
HCA subsidiary proposes senior notes offering, plans to redeem $1.5B 5.875% notes due 2026
HCA Healthcare, Inc.
- HCA Inc. proposes public offering of senior unsecured notes; terms (maturity, rate, amount) to be set at pricing.
- Net proceeds to be used for general corporate purposes, including repayment of $4B commercial paper program and potential redemption of $1.5B 5.875% notes due 2026.
- HCA Inc. provides notice of redemption of all $1.5B 5.875% senior notes due 2026, conditioned on receipt of offering proceeds; redemption date Nov 26, 2025.
- Joint book-running managers: J.P. Morgan, Citigroup, Mizuho, Wells Fargo.
- Offering is made under effective shelf registration statement; copies of preliminary prospectus available from managers.