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HCA to redeem in full $1.4 billion of 7¼% secured notes on Nov. 6
By Marisa Wong
Madison, Wis., Oct. 8 – HCA Inc., a wholly owned subsidiary of HCA Holdings, Inc., plans to redeem all $1.4 billion of its outstanding 7¼% senior secured notes due 2020 on Nov. 6, according to an 8-K filing with the Securities and Exchange Commission.
The redemption is conditioned on the company receiving cash proceeds from its $2 billion senior secured notes offering before the redemption date.
The new notes priced on Tuesday and are expected to settle on Oct. 17.
HCA is a Nashville-based health-care services company.
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