Tenet Healthcare to buy back or redeem senior notes due 2006, 2007 with $500 million note proceeds

By Caroline Salls

Pittsburgh, Jan. 25 - Tenet Healthcare Corp. said it will repurchase or redeem its outstanding senior notes due 2006 and 2007 using proceeds from its offering of $500 million 10-year senior notes.

The proceeds also will be used for general corporate purposes.

Tenet Healthcare is a Santa Barbara, Calif., owner and operator of acute care hospitals and related health care services.

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