LifePoint Hospitals to offer $400M in senior notes
LifePoint Hospitals Inc. said Monday it will sell through a private offering $400 million in senior notes due in 2020.
The company will use proceeds to repay $249.2 million in outstanding loans under its senior secured credit facilities. It also may use some proceeds to buy back stock pursuant to its 2010 repurchase plan.
LifePoint operates 52 hospital campuses in 17 states.