{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-286146","form_type":"8-K","ticker":"THC","cik":"0000070318","company_name":"TENET HEALTHCARE CORP","filed_at":"2025-11-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.939556+00:00","generated_at":"2026-05-16T18:58:10.827758+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Tenet issues $2.25B in notes to refinance near-term debt maturities","bullets":["Issued $1.5B of 5.500% senior secured first lien notes due 2032 and $750M of 6.000% senior notes due 2033.","Proceeds plus cash on hand to redeem $1.5B of 6.250% notes due 2027 and partially redeem $0.75B of 6.125% notes due 2028.","First lien notes secured; senior notes unsecured; both have change-of-control and optional redemption provisions.","Covenants restrict liens, asset sales, and mergers but not additional debt, dividends, or investments."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-286146","json":"https://secwatch.observer/filing/0001193125-25-286146.json","markdown":"https://secwatch.observer/filing/0001193125-25-286146.md","text":"https://secwatch.observer/filing/0001193125-25-286146.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/70318/000119312525286146/0001193125-25-286146-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/70318/000119312525286146/d845102d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T18:58:10.827758+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2bb0bdf715f6fd5489c00fa2c010a0935cd84c18","claim":"TENET HEALTHCARE CORP incurred senior notes of $750,000,000 with The Bank of New York Mellon Trust Company, N.A. at 6.000% maturing 2033.","evidence_excerpt":"and $750,000,000 in aggregate principal amount of 6.000% senior notes due 2033 (the “Senior Notes” and together with the First Lien Notes, the “Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/70318/000119312525286146/0001193125-25-286146-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$750,000,000"},{"label":"Counterparty","value":"The Bank of New York Mellon Trust Company, N.A."},{"label":"Rate","value":"6.000%"},{"label":"Maturity","value":"2033"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"92f1c7adf905c6dda89dd875c43086212d794ad4","claim":"TENET HEALTHCARE CORP incurred senior notes of $1,500,000,000 with The Bank of New York Mellon Trust Company, N.A. at 5.500% maturing 2032.","evidence_excerpt":"On November 18, 2025, Tenet Healthcare Corporation (“Tenet”) issued $1,500,000,000 in aggregate principal amount of 5.500% senior secured first lien notes due 2032 (the “First Lien Notes”)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/70318/000119312525286146/0001193125-25-286146-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$1,500,000,000"},{"label":"Counterparty","value":"The Bank of New York Mellon Trust Company, N.A."},{"label":"Rate","value":"5.500%"},{"label":"Maturity","value":"2032"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}