HCA sets late-morning call for $750 million 10-year bullet notes; pricing expected Tuesday

By Paul A. Harris

Portland, Ore., Jan. 13 – HCA Inc. scheduled a conference call with investors at 11:30 a.m. ET on Tuesday to roll out a $750 million offering of non-callable 10-year senior notes (expected ratings B2/B+), according to a syndicate source.

The public offering is set to price Tuesday afternoon.

Wells Fargo Securities LLC is the left bookrunner. Barclays, BofA Merrill Lynch, Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., Goldman Sachs & Co., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, RBC Capital Markets, SunTrust Robinson Humphrey Inc. and UBS Investment Bank are the joint bookrunners.

Credit Agricole CIB, Fifth Third Securities, Mizuho Securities and SMBC Nikko are the co-managers.

The Nashville, Tenn.-based health care services provider plans to use the proceeds to repay $750 million of its 6 3/8% senior notes due 2015 and for general corporate purposes.

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