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HealthSouth offering $500M in senior notes

Tue, 09/28/2010 - 11:45am
The Associated Press

Inpatient rehabilitation services provider HealthSouth Corp. said Tuesday it is publicly offering $500 million in senior notes.

The company said it plans to use proceeds from the offering of to repay debt. It will sell $250 million in notes due in 2018 and $250 million due in 2022, the company said in a filing with the Securities and Exchange Commission.

Citi, Banc of America Securities LLC, Barclays Capital Inc., Goldman Sachs & Co., and Morgan Stanley & Co. are underwriting the offering.

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