Tenet bonds up 1.4%: 5 observations

Tenet Healthcare bond prices increased 1.4 percent on June 14, according to LMKAT.

Here are five observations:

1. Tenet's high-yield debt issue has a nearly 4.38 percent coupon. The issue is set to mature starting Oct. 1, 2021.

2. Currently, the issue's bonds are trading at $99.50, down from $99.70 last week.

3. RBC Capital analysts recently issued a $30 price target on Tenet shares.

4. Tenet has a 52-week high of $60.93 and 52-week low of $21.39.

5. The market cap is $2.74 billion.

More articles on surgery centers:
Kernersville Outpatient Surgery to face off against 3 competitors: 7 things to know
6 factors dictating investment and M&A activity in the ASC sector
AmSurg, Envision Healthcare consider merger to form $9B+ company — 8 things to know

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Webinars

Featured Whitepapers

Featured Podcast