HCA Holdings, Inc. (NYSE:HSE) today announced that its wholly-owned subsidiary, HCA Inc., proposes to offer, subject to market and other considerations, $1.6 billion aggregate principal amount of 5.375% senior notes due 2025. The notes will trade interchangeably with the $1.0 billion aggregate principal amount of 5.375% senior notes due 2025 issued by HCA Inc. on January 16, 2015. HCA Inc. intends to use the net proceeds of this offering to redeem all $1,525,000,000 aggregate principal amount outstanding of HCA Holdings, Inc.'s existing 7¾% Senior Notes due 2021 and for general corporate purposes. Citigroup, Barclays, BofA Merrill Lynch, Credit Suisse, Deutsche Bank Securities, Goldman, Sachs & Co., J.P. Morgan, Morgan Stanley, RBC Capital Markets, SunTrust Robinson Humphrey, UBS Investment Bank and Wells Fargo Securities are acting as the joint book-running managers for the offering. The offering is being made only by means of a prospectus, copies of which may be obtained from:
|Citigroup Global Markets Inc.|
|c/o Broadridge Financial Solutions|
|1155 Long Island Avenue|
|Edgewood, New York 11717|
|Telephone: (800) 831-9146|
FORWARD-LOOKING STATEMENTSInformation provided and statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act, Section 21E of the Exchange Act and the Private Securities Litigation Reform Act of 1995. Such forward-looking statements only speak as of the date of this press release and HCA assumes no obligation to update the information included in this press release. Such forward-looking statements include the expected use of proceeds from the offering. These statements often include words such as "approximate," "believe," "expect," "anticipate," "intend," "plan," "estimate" or similar expressions. These forward-looking statements are not historical facts, and are based on current expectations, estimates and projections about HCA's industry, management's beliefs and certain assumptions made by management, many of which, by their nature, are inherently uncertain and beyond HCA's control. Accordingly, readers are cautioned that any such forward-looking statements are not guarantees of future performance or occurrence of events and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Although HCA believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. Unless otherwise required by law, HCA also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made in this press release. All references to the "Company" and "HCA" as used through this release refer to HCA Holdings, Inc. and its affiliates.