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HCA Healthcare logoHCA Healthcare HCA

HCA Healthcare said on Tuesday, February 20, 2024, that it and its wholly owned subsidiary HCA Inc. entered into an underwriting agreement with BofA Securities, Barclays, Citigroup Global Markets and J.P. Morgan Securities as representatives of the underwriters. Under the agreement, HCA Inc. will issue and sell senior notes totaling $4,500,000,000.

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. HCA Healthcare said on Tuesday, February 20, 2024, that it and its wholly owned subsidiary HCA Inc. entered into an underwriting agreement with BofA Securities, Barclays, Citigroup Global Markets and J.P. Morgan Securities as representatives of the underwriters. Under the agreement, HCA Inc. will issue and sell senior notes totaling $4,500,000,000.

  2. The company said the senior notes include $1,000,000,000 of 5.450% notes due 2031 and $1,300,000,000 of 5.600% notes due 2034.

  3. The company said the senior notes also include $1,500,000,000 of 6.000% notes due 2054 and $700,000,000 of 6.100% notes due 2064.

  4. The company said the notes will be guaranteed on a senior unsecured basis by parent company HCA Healthcare and will be issued and sold under Form S-3 registration statement (File No. 333-271537) and a preliminary prospectus supplement dated February 20, 2024.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

$4,500,000,000 Senior Notes Underwriting Agreement

HCA Healthcare said on Tuesday, February 20, 2024, that it and its wholly owned subsidiary HCA Inc. entered into an underwriting agreement with BofA Securities, Barclays, Citigroup Global Markets and J.P. Morgan Securities as representatives of the underwriters. Under the agreement, HCA Inc. will issue and sell senior notes totaling $4,500,000,000.

Source · Based on the filing body and exhibits

2031 and 2034 Maturity Tranches

The company said the senior notes include $1,000,000,000 of 5.450% notes due 2031 and $1,300,000,000 of 5.600% notes due 2034.

Source · Based on the filing body and exhibits

2054 and 2064 Maturity Tranches

The company said the senior notes also include $1,500,000,000 of 6.000% notes due 2054 and $700,000,000 of 6.100% notes due 2064.

Source · Based on the filing body and exhibits

Parent Guarantee and Issuance Basis

The company said the notes will be guaranteed on a senior unsecured basis by parent company HCA Healthcare and will be issued and sold under Form S-3 registration statement (File No. 333-271537) and a preliminary prospectus supplement dated February 20, 2024.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.