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Published on 6/18/2014 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Tenet Healthcare to redeem $474.22 million 9¼% notes on July 10

By Marisa Wong

Madison, Wis., June 18 – Tenet Healthcare Corp. gave notice that it will redeem on July 10 all $474.22 million of its outstanding 9¼% senior notes due Feb. 1, 2015.

The notes will be redeemed at par.

As previously announced, the company intends to redeem the notes using proceeds from a private placement of new notes.

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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