Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers Paydowns > Headlines for Altisource Solutions Sarl > News item |
HealthSouth to repay term loan, revolver with notes offering proceeds
By Tali Rackner
Norfolk, Va., Jan. 20 – HealthSouth Corp. plans to pay down $250 million of borrowings under the $300 million tranche of its term loan facility with the proceeds from a senior notes offering, according to a 424B5 filing with the Securities and Exchange Commission.
Proceeds will also be used to repay borrowings under the company’s revolving credit facility.
The amounts being repaid under the senior secured credit facility mature on Sept. 20, 2019.
HealthSouth is a Birmingham, Ala.-based owner and operator of inpatient rehabilitation hospitals.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.