HCA Holdings HCA today announced that its wholly owned subsidiary, HCA Inc., proposes to offer, subject to market and other considerations, $2 billion aggregate principal amount of senior secured notes and senior unsecured notes. Actual terms of the notes, including interest rate and principal amount, will depend on market conditions at the time of pricing. HCA Inc. intends to use the net proceeds of this offering for general corporate purposes, which may include the repayment of its existing term loan B-1 facility, due November, 2013 and the financing of a dividend to stockholders of HCA Holdings, Inc.
BofA Merrill Lynch, Barclays, Citigroup, Deutsche Bank Securities, Goldman, Sachs & Co., J.P. Morgan and Wells Fargo Securities are acting as the joint book-running managers for the offering.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in