HCA Announces Proposed Public Offering of $3 Billion Senior Notes

HCA News Release:

HCA Announces Proposed Public Offering of $3 Billion Senior Notes

NASHVILLE, Tenn.--(BUSINESS WIRE)--Mar. 3, 2014-- HCA Holdings, Inc. (NYSE: HCA) today announced that its wholly owned subsidiary, HCA Inc., proposes to offer, subject to market and other considerations, $3 billion aggregate principal amount of senior secured notes. Actual terms of the notes, including interest rate and principal amount, will depend on market conditions at the time of pricing. HCA Inc. intends to use the net proceeds of this offering to redeem and repurchase all of the $1.5 billion aggregate principal amount outstanding of 8½% senior secured notes due 2019 and all of the $1.25 billion aggregate principal amount outstanding of 7⅞% senior secured notes due 2020, and to pay related fees and expenses and for general corporate purposes. J.P. Morgan, Barclays, BofA Merrill Lynch, Citigroup, Credit Suisse, Deutsche Bank Securities,Goldman, Sachs & Co., Morgan Stanley, RBC Capital Markets, SunTrust Robinson Humphrey,UBS Investment Bank and Wells Fargo Securities are acting as the joint book-running managers for the offering. The offering is being made only by means of a prospectus, copies of which may be obtained from:   J.P. Morgan Securities LLC 383 Madison Avenue New York, NY 10179 Attention: Syndicate Desk (Tel: 800-245-8812)   You may also visit www.sec.gov to obtain an electronic copy of the prospectus and related preliminary prospectus supplement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.