Community Health Systems, Inc. announced the early tender results for its cash tender offer to purchase outstanding 6.875% Senior Unsecured Notes due 2028. As of the Early Tender Deadline on May 6, 2025, $584 million aggregate principal amount of the notes were validly tendered and accepted for purchase.
The company utilized $438 million in cash on hand to fund the purchase of these notes. Following this successful early tender, approximately $42 million principal amount of the 6.875% Senior Unsecured Notes due 2028 remain outstanding.
This strong participation in the tender offer significantly reduces the company's near-term debt obligations and demonstrates effective capital management. The successful repurchase contributes to Community Health Systems' ongoing deleveraging strategy.
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