Here are five notes:
1. Tenet’s high-yield issue of debt has a 4.5 percent coupon.
2. The issue’s bonds are currently trading at $99.75.
3. Last week, the bonds were trading at $96.25.
4. Tenet shares have a market cap of nearly $2.5 billion.
5. The P/E ratio is 140.91.
More articles on surgery centers:
Nobilis director purchases 10k company shares: 3 insights
AmSurg poised for 2016 growth — 8 things to know
Morningstar rates Tenet shares — 5 takeaways
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.
