The company said on February 23, 2024 that its subsidiary HCA Inc. completed a public offering of senior notes with a total principal amount of $4,500,000,000. The parent, HCA Healthcare, guarantees the notes on a senior unsecured basis.

1. 01

   The company said on February 23, 2024 that its subsidiary HCA Inc. completed a public offering of senior notes with a total principal amount of $4,500,000,000. The parent, HCA Healthcare, guarantees the notes on a senior unsecured basis.

2. 02

   The company said the notes consist of $1,000,000,000 (5.450%) due 2031, $1,300,000,000 (5.600%) due 2034, $1,500,000,000 (6.000%) due 2054, and $700,000,000 (6.100%) due 2064.

3. 03

   The company said the notes mature on 2031, 2034, 2054 and April 1, 2064, respectively. Interest is payable semi-annually on April 1 and October 1 of each year, with the first interest payment on October 1, 2024.

4. 04

   The company said that if a qualifying ratings downgrade and certain changes of control both occur, each holder may require the company to buy back its notes at a cash price equal to 101% of principal plus accrued and unpaid interest. It also said the indentures contain covenants that limit liens on assets to secure debt, sale and lease-back transactions, and the consolidation, merger or sale of all or substantially all assets.

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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

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