Accendra Health Launches Offering to Exchange Senior Notes
MT Newswires Live
May 23
Accendra Health (ACH) launched an offering to exchange 4.5% senior notes due 2029 and 6.625% senior notes due 2030, the company said late Friday.
Holders of 2029 notes who participate in the new money notes issuance can exchange the notes for newly issued 9% senior secured first lien notes due 2032 and 9.75% senior secured second lien notes due 2033, the company said.
The company is offering about $326.3 million in newly issued first lien notes for cash in connection with the exchange offer, the company said.
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