Market Overview

HCA Intens to Declare Special Cash Dividend of $2/Share


HCA Holdings (NYSE: HCA) today announced that it intends, subject
to applicable legal and contractual restrictions, to declare and pay a
special cash dividend of $2.00 per share to stockholders and certain
optionholders on or prior to December 31, 2012. The dividend is expected
to be funded through the net proceeds from the Company's offering of
$1.0 billion aggregate principal amount of senior notes due 2021. HCA's
ratio of debt-to-Adjusted EBITDA at September 30, 2012 was approximately
4.1x compared to 4.5x at December 31, 2011. The Company's ratio of
debt-to-Adjusted EBITDA is estimated to have been approximately 4.5x on
September 30, 2012 adjusted for financing transactions completed in the
fourth quarter of 2012 and the anticipated impact of the special
dividend and

See full press release

Posted-In: News Guidance Financing Management Global


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