Encompass Health (EHC) has commenced a private offering of $500 million in senior notes due 2034, the company said Thursday.
The company said it will use net proceeds and cash on hand to redeem $400 million of 4.50% senior notes due 2028 and repay $100 million under its revolving credit facility.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.