Community Health pushes out maturity on $340 million of term debt

By Sara Rosenberg

New York, Aug. 22 - Community Health Systems Inc. extended on Wednesday about $340 million of its $2.2 billion term loan B to January 2017 at pricing of Libor plus 350 basis points, according to an 8-K filed with the Securities and Exchange Commission.

The non-extended term loan B matures on July 2014 and is priced at Libor plus 225 bps.

Credit Suisse Securities (USA) LLC is the administrative agent on the deal.

Community Health is a Franklin, Tenn.-based operator of general acute care hospitals.

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