Kaiser Foundation Hospitals, part of Oakland, Calif.-based Kaiser Permanente, has increased the face amount of outstanding bonds by 25 percent, according to a June 27 filing.
The obligation to pay the now $3 billion notes is “unconditionally and irrevocably guaranteed,” according to the notice.
Kaiser Permanente had its “AA-” long-term rating affirmed by S&P Global June 26, per Becker’s.
