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HCA to use revolver borrowings for distribution to stockholders
By Sara Rosenberg
New York, Jan. 29 - HCA Inc. plans to draw on its asset-based and general revolving credit facilities, along with cash on hand, to fund an approximately $1.75 billion cash distribution to stockholders, according to an 8-K filed with the Securities and Exchange Commission on Friday.
HCA is a Nashville-based owner and operator of hospitals and surgery centers.
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