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0 0.00738007380073801 0.0110701107011071 -0.00369003690036893 0.014760147601476 0.0184501845018451 0.0184501845018451 0.0184501845018451
Stock impact report

Community Health Systems, Inc. Announces Sale of $700 Million Aggregate Principal Amount of 10.750% Senior Secured Notes Due 2033 [Yahoo! Finance]

Community Health Systems, Inc. (CYH) 
Last community health systems, inc. earnings: 4/28 04:15 pm Check Earnings Report
US:NYSE Investor Relations: chs.net/investor-relations
Company Research Source: Yahoo! Finance
subsidiary, CHS/Community Health Systems, Inc. (the "Issuer"), has entered into a privately negotiated agreement with a multi-asset investment manager (the "Purchaser") to sell and issue to certain funds and accounts of the Purchaser $700.0 million aggregate principal amount of 10.750% Senior Secured Notes due 2033 (the "2033 Notes") (the "Notes Offering"). The sale of the 2033 Notes is expected to be consummated on or about May 9, 2025, subject to customary closing conditions. The Issuer intends to use the net proceeds of the Notes Offering, together with cash on hand, to redeem all of its outstanding 8.000% Senior Secured Notes due 2027 (the "2027 Notes") at par plus accrued and unpaid interest to, but excluding the redemption date and to pay related fees and expenses. This press release shall not constitute a notice of redemption for the 2027 Notes. The 2033 Notes are being sold in a private transaction in reliance upon an exemption from registration requirements of the Securit Show less Read more
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