Tennessee Health System to Offer $1.5B in Senior Secured Notes

Franklin, Tenn.-based Community Health Systems plans to offer $1.54 billion worth of senior secured notes to repay outstanding bonds, Becker’s reports. 

The for-profit healthcare operator will offer investors senior secured notes due in 2030. The proceeds will be used to help redeem all of its outstanding 6.625 percent senior secured notes that are due in 2025. Read more.

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