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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.
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