LifePoint to call $400 million 6 5/8% notes with new issue proceeds

By Susanna Moon

Chicago, May 12 – LifePoint Health, Inc. said it plans to call its $400 million principal amount outstanding of 6 5/8% senior notes due 2020 using proceeds of a new notes issue.

LifePoint is planning a $400 million private offering of senior notes due 2024 under Rule 144A, according to a company announcement.

The company said it plans to redeem all of the outstanding 6 5/8% notes on June 13, with the redemption conditioned on the issuance of the new notes.

LifePoint is a Brentwood, Tenn.-based health care services provider.

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