HCA to pay down term B-1 loan via $2 billion note offering proceeds

By Tali David

Minneapolis, Oct. 16 - HCA Holdings, Inc. plans to use the proceeds of its senior note offering for general corporate purposes, which may include the repayment of its existing term loan B-1 facility due Nov. 2013, the company said in a press release.

The company is offering a total of $2 billion of senior secured and senior unsecured notes.

Proceeds may also be used for the financing of a dividend to stockholders of HCA Holdings, Inc.

HCA is a Nashville-based healthcare company.

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