E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/9/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Tenet Healthcare eyes retiring $478 million 7% notes due 2025

By Wendy Van Sickle

Columbus, Ohio, Feb. 9 – Tenet Healthcare Corp. plans to retire all $478 million of 7% senior notes due in 2025 using available cash on hand, according to a news release.

The redemption is expected to lower the company’s annual cash interest payments by about $33 million.

Tenet is a Dallas-based health care company.


© 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.