Cahill Represents Debt Financing Sources in HCA’s $13.25 Billion Debt Financings
Date: 02/20/25
Cahill represented the administrative agent and the lead arrangers in connection with an $8 billion revolving credit facility for HCA Inc.
Cahill also represented the underwriters in connection with a public offering of $700 million aggregate principal amount of 5.000% senior notes due 2028, $300 million aggregate principal amount of floating rate senior notes due 2028, $750 million aggregate principal amount of 5.250% senior notes due 2030, $750 million aggregate principal amount of 5.500% senior notes due 2032, $1.5 billion aggregate principal amount of 5.750% senior notes due 2035, and $1.25 billion aggregate principal amount of 6.200% senior notes due 2055 by HCA Inc.
Proceeds from the credit facility will be used for general corporate purposes and to refinance the company’s existing credit facilities. Proceeds from the offering will be used for general corporate purposes, which may include the repayment of borrowings under HCA’s new revolving credit facility.
HCA is one of the nation’s leading providers of healthcare services.