peterspiro Community Health Systems ( NYSE: CYH ) said Tuesday its subsidiary intends to offer an additional $1.125B of its outstanding 10.875% senior secured notes due 2032.
Net proceeds will be used to redeem all outstanding 8% senior secured notes due 2026 and for general corporate purposes, which may include repayment of a portion of outstanding indebtedness. More on Community Health Systems Community Health Systems (CYH) Q1 2024 Earnings Call Transcript Seeking Alpha’s Quant Rating on Community Health Systems.