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Published on 8/4/2014 in the Prospect News High Yield Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Universal Health Services redeems 7% notes due 2018 in full at 104.56

By Angela McDaniels

Tacoma, Wash., Aug. 4 – Universal Health Services, Inc. redeemed its $250 million of 7% senior notes due 2018 in full on July 31, according to an 8-K filing with the Securities and Exchange Commission.

The make-whole redemption price was 104.56% of par plus accrued interest to the redemption date.

Universal Health Services is a King of Prussia, Pa.-based hospital company.


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