DaVita (DVA) said Tuesday it priced a $1 billion private offering of 6.75% senior notes due 2033.
The amount of the notes was increased to $1 billion from $750 million, the company said, adding the notes were priced at 100% of their face amount to yield a 6.75% coupon.
The offering is expected to close Friday.
Net proceeds will be used to repay outstanding debt and related costs, and any remaining proceeds for general corporate purposes, the company said.
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