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Encompass Health to draw on revolver to redeem $100 million 5¾% notes
By Wendy Van Sickle
Columbus, Ohio, May 6 – Encompass Health Corp. plans to draw down on its revolving credit facility to redeem a $100 million portion of its 5¾% senior notes due 2024, according to a news release.
The notes will be redeemed at 101.917 on June 7.
Birmingham, Ala.-based Encompass offers facility-based and home-based patient care through its network of inpatient rehabilitation hospitals, home health agencies and hospice agencies.
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