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Community Health Systems Announces Increase In Tender Cap For 8.000% Senior Secured Notes Due 2026

Author: Benzinga Newsdesk | December 12, 2023 03:38am

Community Health Systems, Inc. (the "Company") (NYSE:CYH) today announced that its wholly owned subsidiary, CHS/Community Health Systems, Inc. (the "Issuer"), has increased the principal amount of the Issuer's approximately $2,101 million aggregate principal amount outstanding 8.000% Senior Secured Notes due 2026 (the "2026 Notes") that it can repurchase under its previously announced cash tender offer (the "Tender Offer") from $735 million to $985 million, on the terms and subject to the conditions set forth in the Issuer's Offer to Purchase dated December 11, 2023 (the "Offer to Purchase").

Posted In: CYH


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