Tenet will issue $2.0B of 6.25% senior notes due 2034 and use proceeds to redeem $1.5B of secured 2027 notes; this extends maturities but increases interest expense and leaves new debt unsecured.
Tenet priced $2.0B of 6.250% senior notes due 2034 and will use proceeds to redeem $1.5B of secured 2027 notes. This extends maturities but raises its interest cost and leaves the new notes unsecured.
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