HCA to redeem in full 8½% notes and 7 7/8% notes on April 2

By Marisa Wong

Madison, Wis., March 4 - HCA Inc. will redeem all $1.5 billion of its outstanding 8½% senior secured notes due 2019 and all $1.25 billion of its outstanding 7 7/8% senior secured notes due 2020 on April 2, according to an 8-K filing with the Securities and Exchange Commission.

The company announced on Monday that it planned to redeem the notes using proceeds from an offering of new senior secured notes slated to settle on March 17.

HCA is a Nashville-based health-care services company.

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