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HCA to repurchase all 8½%, 7 7/8% notes with new offering proceeds
By Tali Rackner
Norfolk, Va., March 3 - HCA Inc. plans to redeem all $1.5 billion of its 8½% senior secured notes due 2019 and all $1.25 billion of its 7 7/8% senior secured notes due 2020 with the proceeds from a new offering of senior secured notes, according to a press release.
Proceeds will also be used to pay related fees and expenses and for general corporate purposes.
HCA is a Nashville-based health-care services company.
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