HCA Completes $1 Billion High Yield Debt Offering

Simpson Thacher recently represented HCA Inc. in its high yield offering of $1 billion aggregate principal amount of 5.375% Senior Notes due 2025. HCA intends to use the net proceeds for the repayment of its existing senior notes and for general corporate purposes.

HCA is the largest non-governmental hospital operator in the U.S. and a leading comprehensive, integrated provider of healthcare and related services.

The Simpson Thacher team for this transaction included Joe Kaufman, Tony Rim and Tracy Ke (Capital Markets); Jonathan Cantor and Andrew Purcell (Tax); and Alina Finkelshteyn (Executive Compensation and Employee Benefits).

Source:  www.stblaw.com