Cahill Represents Initial Purchasers in Acquisition Financing for Healthsouth
Date: 08/07/15
Cahill represented the joint book-running managers in connection with the Rule 144A offering of $350,000,000 aggregate principal amount of 5.75% Senior Notes due 2024 by HealthSouth Corporation, a leading provider of post-acute services. Proceeds from the offering were used in connection with Healthsouth’s acquisition of the operations of Reliant Hospital Partners, LLC, an operator of a portfolio of 11 inpatient rehabilitation hospitals. Proceeds will also be used to refinance existing indebtedness and for general corporate purposes.