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Health Management repurchases $98.6 million in 3.75% convertibles due 2028 in open market
By Devika Patel
Knoxville, Tenn., April 27 - Health Management Associates, Inc. said it bought back $98.6 million of its 3.75% convertible senior subordinated notes due 2028 in the open market.
The company expects to continue to purchase its 2028 notes in the open market on an opportunistic basis.
Health Management is a Naples, Fla., operator of hospitals in non-urban communities.
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