Ardent Health Completes Term Loan Repricing
- BRENTWOOD, Tenn.--(BUSINESS WIRE)--Ardent Health (NYSE: ARDT) today announced it has entered into an amendment to its term loan credit agreement with its lenders to reprice its term loans. The repricing reduces the applicable interest rate by 50 basis points from Term Secured Overnight Financing Rate (SOFR) plus 3.25% to Term SOFR plus 2.75%, as well as eliminates the credit spread adjustment. There are no changes to the maturity of the loans following the repricing and all other terms are subs.
- 09/18/2024
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Ardent Health Reports Second Quarter 2024 Results
- BRENTWOOD, Tenn.--(BUSINESS WIRE)--Ardent Health Partners, Inc. (NYSE: ARDT) (“Ardent Health” or the “Company”), a leading provider of healthcare in growing mid-sized urban communities across the U.S., today announced results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Summary (All comparisons versus the same prior year period, unless otherwise noted) Total revenue of $1.47 billion, an increase of 7.5% Net income of $67 million Net income attributable to Ardent Hea.
- 08/14/2024
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New Hospital Operator On The Block Ardent Health Garners Interest As Analysts Initiate With Bullish View
- In July, Ardent Health Partners Inc. ARDT closed its initial public offering of 12 million at a public offering price of $16 per share, for total gross proceeds of approximately $192 million.
- 08/12/2024
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Ardent Health Announces Second Quarter 2024 Results Conference Call and Webcast Date
- BRENTWOOD, Tenn.--(BUSINESS WIRE)--Ardent Health Partners, Inc. (NYSE: ARDT) (“Ardent Health” or the “Company”), a leading provider of healthcare in growing midsize urban communities across the U.S., today announced that it will issue its second quarter 2024 results after the market closes on Wednesday, August 14, 2024. A conference call will be held the following day, Thursday, August 15, 2024, at 10:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a ques.
- 08/01/2024
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U.S. IPO Weekly Recap: Insurance And Healthcare Lead A 4 IPO Week
- A handful of IPOs priced this past week, led by three sizable names. One large issuer joined both the pipeline and the calendar - Chile-based LATAM Airlines Group. Six IPOs are scheduled to list in the week ahead and are set to raise a combined $5.1 billion, the most for any week so far this year. One SPAC is also set to debut.
- 07/20/2024
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Ardent Health Announces Closing of Its Initial Public Offering
- BRENTWOOD, Tenn.--(BUSINESS WIRE)--Ardent Health Partners, Inc. (NYSE: ARDT) (f/k/a Ardent Health Partners, LLC and collectively “Ardent Health” or the “Company”), a leading provider of healthcare in growing midsize urban communities across the U.S., today announced the closing of its initial public offering (the “Offering”) of 12,000,000 shares of its common stock sold by the Company at a public offering price of $16 per share, for total gross proceeds of approximately $192 million, before ded.
- 07/19/2024
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Ardent Health falls 6% in lukewarm NYSE debut
- Healthcare provider Ardent Health's shares opened 6% below their initial public offering price in their NYSE debut on Thursday, reflecting new investor caution with new listings amid rate cut uncertainties.
- 07/18/2024
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Ardent Health prices US IPO below target range to raise $192 mln
- Healthcare provider Ardent Health said on Wednesday it has set the pricing of its initial public offering below its targeted range to raise around $192 million.
- 07/17/2024
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Ardent Health Announces Pricing of Initial Public Offering
- BRENTWOOD, Tenn.--(BUSINESS WIRE)--Ardent Health Partners, Inc. (f/k/a Ardent Health Partners, LLC and collectively, “Ardent Health”) today announced the pricing of its initial public offering of 12,000,000 shares of its common stock at a price to the public of $16 per share. In connection with the offering, Ardent Health granted the underwriters a 30-day option to purchase up to an additional 1,800,000 shares of common stock at the initial public offering price, less the underwriting discounts.
- 07/17/2024
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U.S. IPO Weekly Recap: 2 SPACs Debut In Quiet Post-Holiday Week
- Two SPACs debuted this week, and one company completed an uplisting from the OTC. Meanwhile, three IPOs and two SPACs submitted initial filings this past week. After a quiet post-holiday week, the July IPO market is set to bag its first major deals in the week ahead. Street research is expected for one company in the week ahead, and one lock-up period will be expiring.
- 07/13/2024
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Ardent Health targets valuation of about $3.15 billion in US IPO
- Healthcare provider Ardent Health is targeting a valuation of about $3.15 billion in its initial public offering, it said on Monday, as the U.S. capital market continues to run hot by attracting new entrants.
- 07/08/2024
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U.S. IPO Weekly Recap: Flurry Of SPACs And IPOs Fill The Pipeline In Short Holiday Week
- One IPO and three SPACs debuted this week. Singapore-based safety equipment provider Rectitude Holdings priced at the bottom of the range to raise $8 million at a $58 million market cap. Three IPOs are currently scheduled to debut in the week ahead as the second quarter comes to a close.
- 06/24/2024
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