Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers Tenders > Headlines for 2019 > News item |
Encompass Health to redeem senior notes due 2024 via new notes
By Marisa Wong
Los Angeles, Sept. 9 – Encompass Health Corp. said it plans to redeem $200 million of its senior notes due 2024 using proceeds from an offering of senior notes.
The company announced on Monday that it plans to offer $800 million of senior notes due 2028 and 2030.
Proceeds will also be used to repay borrowings under the company’s revolving credit facility and to fund the purchase of equity from management investors of its home health and hospice segment.
Encompass is a Birmingham, Ala.-based health care provider through inpatient rehabilitation hospitals, home health agencies and hospice agencies.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.