Here are three things to know:
1. The senior notes have a 7.5 percent interest rate per annum.
2. Tenet will secure the notes on a second lien priority basis on the capital stock.
3. As of Sept. 30, 2016, Tenet Healthcare had debt totaling $14.3 billion, with shareholders’ equity reaching $528 million.
More articles on surgery centers:
Sparrow Health unveils $20M endoscopy and radiology center: 4 things to know
Silver Cross Hospital receives board approval for $11M ASC — 4 key takeaways
SCA forms partnership with River Valley Ambulatory Surgery Center — 4 things to know
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
