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Encompass Health will redeem $100 million of 5 1/8% notes on June 30
By William Gullotti
Buffalo, N.Y., June 1 – Encompass Health Corp. plans to redeem $100 million of its 5 1/8% senior notes due 2023 on June 30 at par plus accrued interest, according to a news release.
Encompass plans to use cash on hand and draw on its revolving credit facility to fund the redemption.
The health care services provider is based in Birmingham, Ala.
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