Wednesday, April 15, 2009

HCA Prices $1.5B Senior Note Offering

HCA Inc on Wednesday sold $1.5 billion in 10-year senior secured first lien notes, said a market source familiar with the sale.

The 8.5 percent notes were priced at 96.755 to yield 9 percent or 624 basis points over U.S. Treasuries.

The offering was increased in size on Tuesday from an initially planned $500 million.

The joint book managers on the sale were Citigroup Global Markets, Banc of America, JP Morgan, Deutsche Bank and Goldman Sachs

No comments:

Post a Comment