trending Market Intelligence /marketintelligence/en/news-insights/trending/0w8sejnclzuwenstp_uz3q2 content esgSubNav
In This List

HCA Healthcare enters loan refinancing agreements

Blog

A Pharmaceutical Company Capitalizes on M&A Activity with Brokerage Research

Blog

2021 Year in Review: Highlighting Key Investment Banking Trends

Blog

Insight Weekly: US stock performance; banks' M&A risk; COVID-19 vaccine makers' earnings

Blog

Global M&A By the Numbers: Q3 2021


HCA Healthcare enters loan refinancing agreements

HCA Healthcare Inc. entered two agreements to refinance its existing loans with the help of new credit facilities.

The Nashville, Tenn.-based hospital operator now has access to a $1.5 billion facility due March 13, 2025, termed B-10, and a $1.17 billion facility due March 18, 2023, known as B-11.

Bank of America NA, Citigroup Global Markets Inc., Goldman Sachs Bank USA, JPMorgan Chase Bank NA and Wells Fargo Securities LLC are acting as joint lead arrangers and joint book runners for the term loans.

Bank of America NA is acting as administrative agent and collateral agent.

The B-10 facility will be used to refinance the company's existing senior secured term loan credit facility — termed B-8 — which is due Feb. 15, 2024.

Both the B-10 and B-11 facilities will also be used to refinance portions of the company's other senior secured term loan credit facility, which is known as B-9 and is due March 18, 2023.