Simpson Thacher recently represented HCA Holdings, Inc. (“HCA”) in its offering of $1 billion aggregate principal amount of 6.25% Senior Notes due 2021. HCA intends to use the net proceeds for the financing of a dividend to its stockholders.
The firm also represented HCA and its controlling stockholder, an entity affiliated with Bain Capital Partners, LLC and Kohlberg Kravis Roberts & Co., in connection with a secondary offering of 32,000,000 shares of common stock of HCA by the controlling stockholder for aggregate gross proceeds of approximately $1.1 billion.
HCA is the largest non-governmental hospital operator in the U.S. and a leading comprehensive, integrated provider of health care and related services.
The Simpson Thacher team for this transaction included: Joseph Kaufman, Jonathan Strom, Katerina Kousoula, Linda Tieh and Tony Rim (Capital Markets) and Jonathan Cantor, Andrew Purcell and Jodi Sackel (Tax).
