HCA · 8-K · 20261102PR443864

Senior Notes Issuance

HCA Healthcare, Inc. · 2026-11-02 · Importance 40 · Surprise 42 · In source text

HCA Inc., HCA Healthcare’s wholly owned subsidiary, proposed an offering of senior notes, with the principal amount, maturity, and interest rate not yet specified and dependent on market conditions at pricing. HCA intends to use the proceeds for general corporate purposes, potentially including redemption of some or all of its $1.2 billion of 4.500% senior notes due February 2027. Proceeds may also repay borrowings under HCA’s $8.0 billion commercial paper program or its senior unsecured credit facility.

Key facts

• Offering proceeds may be used to redeem all or a portion of the $1.200 billion outstanding aggregate principal amount of HCA Inc.'s 4.500% senior notes due February 2027. source
• On November 2, 2026, HCA Healthcare, Inc. announced that its wholly owned subsidiary, HCA Inc., proposed to offer senior notes, subject to market and other considerations. source
• Offering proceeds may be used to repay outstanding borrowings under HCA Inc.'s $8.000 billion commercial paper program. source
• Offering proceeds may be used to repay any outstanding borrowings under HCA Inc.'s senior unsecured credit facility. source
• The maturity, interest rate and principal amount of the proposed senior notes will depend on market conditions at pricing. source
• HCA Inc. intends to use the net proceeds from the offering for general corporate purposes. source
• Mizuho Securities USA LLC, Barclays Capital Inc., BofA Securities, Inc., and Wells Fargo Securities, LLC are acting as joint book-running managers for the offering. source
• The senior notes offering is being made pursuant to an effective shelf registration statement filed with the SEC. source

Impact estimates