Tenet to buy back notes with $500 million offering

Pittsburgh, June 14 - Tenet Healthcare Corp. said Monday it will use proceeds from its offering of $500 million of 10-year senior unsecured notes to buy back outstanding senior notes with earlier maturities.

The proceeds of the Rule 144A offering will also be used for general corporate purposes.

Tenet Healthcare is a Santa Barbara, Calif., owner and operator of acute care hospitals and related health care services.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.