Tenet Healthcare to repay senior secured revolver debt via new notes

By Tali Rackner

Norfolk, Va., Nov. 16 – Tenet Healthcare Corp. plans to repay debt outstanding under its senior secured revolving credit facility with the proceeds from a senior secured second-lien note offering, according to a press release.

Proceeds will also be used for general corporate purposes.

Tenet is a Dallas-based owner and operator of acute care hospitals, ambulatory surgery centers, diagnostic imaging centers and related health care facilities.

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