DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) (the “Company”) today called
for the redemption of the entire $250 million aggregate principal amount
of its outstanding 8% Senior Notes due 2020 (the “Notes”), which were
issued pursuant to the Indenture, dated as of November 6, 2001 (the
“Base Indenture”), by and between the Company and The Bank of New York
Mellon Trust Company, N.A., as successor trustee to The Bank of New
York, as supplemented by the Twelfth Supplemental Indenture, dated as of
August 17, 2010, thereto (the “Supplemental Indenture” and, together
with the Base Indenture, the “Indenture”).
The Notes will be redeemed on September 11, 2017 (the “Redemption
Date”), at a redemption price equal to 101.333% of the principal amount
of the Notes being redeemed (the “Redemption Price”), together with
accrued and unpaid interest thereon, but not including, the Redemption
Date.
About Tenet Healthcare
Tenet Healthcare Corporation is a diversified healthcare services
company with nearly 130,000 employees united around a common mission: to
help people live happier, healthier lives. Through its subsidiaries,
partnerships and joint ventures, including United Surgical Partners
International, the company operates 77 general acute care hospitals, 21
short-stay surgical hospitals and over 460 outpatient centers in the
United States, as well as nine facilities in the United Kingdom. Tenet’s
Conifer Health Solutions subsidiary provides technology-enabled
performance improvement and health management solutions to hospitals,
health systems, integrated delivery networks, physician groups,
self-insured organizations and health plans. For more information,
please visit www.tenethealth.com.
The terms “THC”, “Tenet Healthcare Corporation”, “the company”, “we”,
“us” or “our” refer to Tenet Healthcare Corporation or one or more of
its subsidiaries or affiliates as applicable. This release contains
“forward-looking statements” - that is, statements that relate to
future, not past, events. In this context, forward-looking statements
often address our expected future business and financial performance and
financial condition, and often contain words such as “expect,” “assume,”
“anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” or “will.”
Forward-looking statements by their nature address matters that are, to
different degrees, uncertain. Particular uncertainties that could cause
our actual results to be materially different than those expressed in
our forward-looking statements include, but are not limited to, the
factors disclosed under “Forward-Looking Statements” and “Risk Factors”
in our Form 10-K for the year ended December 31, 2016 and other filings
with the Securities and Exchange Commission.
Tenet uses its company website to provide important information to
investors about the
company including the posting of
important announcements regarding financial
performance and
corporate developments.
