Encompass Health to redeem $100 million 5 1/8% notes on April 5

By Wendy Van Sickle

Columbus, Ohio, March 5 – Encompass Health Corp. plans to redeem $100 million of its 5 1/8% senior notes due 2023 on April 5 at par plus accrued interest, according to a news release.

Encompass plans to use cash on hand and revolving credit facility borrowings to fund the redemption.

The health care services provider is based in Birmingham, Ala.

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