FRANKLIN, Tenn.--(BUSINESS WIRE)-- Community Health Systems, Inc. (NYSE: CYH) has announced a debt offering involving $1,500 million in Senior Secured Notes due 2034. The company's wholly owned subsidiary, CHS/Community Health Systems, Inc., plans to offer these Notes as part of a refinancing strategy. The proceeds from this offering, along with existing cash, will be used to refinance a portion of its outstanding 5.625% Senior Secured Notes due 2027 through a tender offer or redemption. This offering is subject to market conditions and the terms of the Securities Act of 1933. The Notes are being offered in the United States to qualified institutional buyers and outside the U.S. under Regulation S.
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