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Stock impact report

Tenet Announces Upsizing and Pricing of Its $2.25 Billion Private Offerings of Senior Secured Notes and Senior Notes

Tenet Healthcare Corporation (THC) 
Last tenet healthcare corporation earnings: 2/24 04:21 pm Check Earnings Report
US:NYSE Investor Relations: investor.tenethealth.com
Company Research Source: Business Wire
DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) today announced the pricing of the previously announced private placement offering and has agreed to issue and sell $1.5 billion in aggregate principal amount of senior secured first lien notes due on November 15, 2032, which will bear interest at a rate of 5.500% per annum (the “first lien notes”), and $0.75 billion in aggregate principal amount of senior notes due November 15, 2033, which will bear interest at a rate of 6.000% per annum (the “senior notes” and together with the first lien notes, the “notes”). The aggregate principal amount of senior notes to be issued in the offering was increased to $0.75 billion from the previously announced amount of $0.5 billion. Completion of the notes offering is expected to occur on November 18, 2025, and is subject to, among other things, customary closing conditions.Tenet intends to use the net proceeds from the sale of the notes, after payment of fees and expenses, to fi Show less Read more
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