debt
confidence high
sentiment neutral
materiality 0.50
DaVita prices $1.0B of 6.875% Senior Notes due 2032; proceeds for debt repayment
DAVITA INC.
- $1.0B aggregate principal, 6.875% coupon, priced at par, due 2032; closing August 13, 2024.
- Proceeds to repay Term Loan B-1 (2026) and revolver borrowings; includes accrued interest and fees.
- Any remaining proceeds for general corporate purposes, including share repurchases and capex.
- Offering is a private placement under Rule 144A/Reg S; not registered under Securities Act.