Tenet Announces Upsizing and Pricing of its $700 Million Private Offering of Senior Secured Notes
Tenet Healthcare Corporation (THC)
Last tenet healthcare corporation earnings: 2/24 04:21 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.tenethealth.com
Company Research
Source: Business Wire
DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) today announced the pricing of the previously announced private placement offering and has agreed to issue and sell $700 million in aggregate principal amount of senior secured first lien notes due on April 1, 2025, which will bear interest at a rate of 7.500% per annum (the “notes”). The aggregate principal amount of notes to be issued in the offering was increased to $700 million from the previously announced $500 million. Completion of the notes offering is expected to occur on April 7, 2020, and is subject to, among other things, standard closing and market conditions.Tenet intends to use the net proceeds from the sale of the notes, after payment of fees and expenses, to repay a portion of the $500 million aggregate principal amount of borrowings outstanding under its senior secured revolving credit facility or for general corporate purposes. Tenet is also seeking an amendment to its senior secured revolving cre
Show less
Read more
Impact Snapshot
Event Time:
THC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
THC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
THC alerts
High impacting Tenet Healthcare Corporation news events
Weekly update
A roundup of the hottest topics
THC
News
- Tenet Healthcare Corporation (THC): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- 3 Top-Ranked Small-Cap Blend Mutual Funds to Invest In [Yahoo! Finance]Yahoo! Finance
- Tenet Healthcare Co. (NYSE: THC) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Tenet Healthcare Co. (NYSE: THC) had its "overweight" rating re-affirmed by analysts at JPMorgan Chase & Co.. They now have a $175.00 price target on the stock.MarketBeat
- BJ's Wholesale Club Partners with Children's Hospitals to Deliver Holiday Cheer to Children & Families [Yahoo! Finance]Yahoo! Finance
THC
Earnings
- 10/29/24 - Beat
THC
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- 11/12/24 - Form SC
- THC's page on the SEC website