HCA Announces Proposed Public Offering of $2 Billion Senior Notes

HCA Holdings

today announced that its wholly owned subsidiary, HCA Inc., proposes to offer, subject to market and other considerations, $2 billion aggregate principal amount of senior secured notes and senior unsecured notes. Actual terms of the notes, including interest rate and principal amount, will depend on market conditions at the time of pricing. HCA Inc. intends to use the net proceeds of this offering for general corporate purposes, which may include the repayment of its existing term loan B-1 facility, due November, 2013 and the financing of a dividend to stockholders of HCA Holdings, Inc. BofA Merrill Lynch, Barclays, Citigroup, Deutsche Bank Securities, Goldman, Sachs & Co., J.P. Morgan and Wells Fargo Securities are acting as the joint book-running managers for the offering.