Vanguard to tender for 9¾% notes

New York, July 23 - Vanguard Health Systems, Inc. said it will tender for its $300 million principal amount of 9¾% senior subordinated notes due 2011.

Details will be announced shortly, the Nashville hospital operator said.

The tender is in connection with the acquisition of a majority equity interest in Vanguard by The Blackstone Group for $1.75 billion.

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