, /PRNewswire/ -- Encompass Health Corporation (NYSE: ) today issued notice for redemption of of the outstanding principal balance of its 5.75% senior notes due 2025 (the "2025 Notes"). The associated redemption date will be , and the redemption price will be 100.
0% of par, plus accrued and unpaid interest pursuant to the terms of the 2025 Notes. The Company plans to use cash on hand to fund the redemption. As a result of this redemption, the Company expects to record an approximate loss on early extinguishment of debt in the third quarter of 2024.
Encompass Health (NYSE: ) is the largest owner and operator of rehabilitation hospitals in . With a national footprint that includes 163 hospitals in 37 states and , the Company provides high-quality, compassionate rehabilitative care for patients recovering from a major injury or illness, using advanced technology and innovative treatments to maximize recovery. Encompass Health is ranked as one of Fortune's World's Most Admired Companies and Modern Healthcare's Best Places to Work in Healthcare.
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5912 | 205.970.5860 SOURCE Encompass Health Corp.
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