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Tenet Healthcare to secure $1.4B capital raise in senior notes offering

  • Tenet Healthcare (NYSE:THC) announced a private placement offering of $1.4B in principal amount of newly issued senior secured first lien notes maturing in 2029.
  • Net proceeds along with cash on hand to be used for redemption of all of its outstanding 5.125% senior secured second lien notes due 2025.

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