Firm News

Julie Cohen
Director of Marketing and Communications
212.701.3614
jcohen@cahill.com

Cahill Represents Initial Purchasers in $3.78 billion Bond Offering Across Four Tranches by Tenet Healthcare and THC Escrow Corporation III

Date: 06/14/17

Cahill represented Barclays Capital Inc. and the other initial purchasers in connection with the 144A offering of $830,000,000 aggregate principal amount of 4.625% Senior Secured First Lien Notes due 2024, $500,000,000 aggregate principal amount of 7.00% Senior Notes due 2025, $1,410,000,000 aggregate principal amount of 5.125% Senior Secured Second Lien Notes due 2025 and $1,040,000,000 aggregate principal amount of 4.625% Senior Secured First Lien Notes due 2024 by Tenet Healthcare Corporation and THC Escrow Corporation III.   Proceeds from the offering are expected to be applied to refinance existing indebtedness.

Julie Cohen
Director of Marketing and Communications
212.701.3614
jcohen@cahill.com