---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-260809"
form_type: "8-K"
ticker: "HCA"
cik: "0000860730"
company_name: "HCA Healthcare, Inc."
filed_at: "2025-10-31T23:59:59+00:00"
generated_at: "2026-05-17T01:11:25.961796+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# HCA issues $3.25B senior notes: 4.30% 2030, 4.60% 2032, 4.90% 2035, 5.70% 2055

## Summary
- $500M 4.30% notes due 2030, $1B 4.60% due 2032, $1B 4.90% due 2035, $750M 5.70% due 2055.
- Interest payable semi-annually May 15 and Nov 15, beginning May 15, 2026.
- Notes are senior unsecured obligations of HCA Inc., fully guaranteed by HCA Healthcare.
- Rank equally with existing senior debt; effectively subordinated to secured debt and structurally subordinated to subsidiary liabilities.
- Underwriting led by J.P. Morgan, Citigroup, Mizuho, and Wells Fargo; redemption and change-of-control put at 101%.

## SEC filing metadata
- accession: 0001193125-25-260809
- form_type: 8-K
- ticker: HCA
- cik: 0000860730
- company_name: HCA Healthcare, Inc.
- filed_at: 2025-10-31T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/860730/000119312525260809/0001193125-25-260809-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/860730/000119312525260809/d38508d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-260809
- JSON: https://secwatch.observer/filing/0001193125-25-260809.json
- Plain text: https://secwatch.observer/filing/0001193125-25-260809.txt

## Key facts
- Debt Financings
  HCA Healthcare, Inc. incurred senior notes of $3,250,000,000 aggregate principal amount with Public offering at 4.300%, 4.600%, 4.900%, 5.700% maturing 2030 Notes mature November 15, 2030; 2032 Notes mature November 15, 2032; 2035 Notes mature November 15, 2035; 2055 Notes mature November 15, 2055.
  - Instrument: senior notes
  - Principal: $3,250,000,000 aggregate principal amount
  - Counterparty: Public offering
  - Rate: 4.300%, 4.600%, 4.900%, 5.700%
  - Maturity: 2030 Notes mature November 15, 2030; 2032 Notes mature November 15, 2032; 2035 Notes mature November 15, 2035; 2055 Notes mature November 15, 2055
  - Event: incurrence
  source text: any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 1.01 Entry into a Material Definitive Agreement. Issuance of $3,250,000,000 aggregate principal amount of senior notes Overview On October 31, 2025, HCA Inc. (the “Issuer”), a direct, wholly owned subsidiary of HCA Healthcare, Inc. (the “Parent
  evidence_url: https://www.sec.gov/Archives/edgar/data/860730/000119312525260809/0001193125-25-260809-index.htm

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