Tenet Healthcare to redeem 9¼% notes due 2015 via new offering

By Tali Rackner

Norfolk, Va., June 11 – Tenet Healthcare Corp. plans to redeem its 9¼% senior notes due 2015 with the proceeds from a new private placement notes offering, according to a press release.

Proceeds will also be used to pay related transaction fees and expenses.

Tenet is a Dallas-based owner and operator of acute care hospitals, ambulatory surgery centers, diagnostic imaging centers and related health care facilities.

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