Tenet announces pricing of its $1.4 billion private offering of senior secured notes

Dallas--(business wire)--tenet healthcare corporation (nyse: thc) today announced the pricing of the previously announced private placement offering and has agreed to issue and sell $1.4 billion in aggregate principal amount of senior secured first lien notes due on june 1, 2029, which will bear interest at a rate of 4.25% per annum (the “notes”). completion of the notes offering is expected to occur on june 2, 2021, and is subject to, among other things, standard closing and market conditions.
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