UNIVERSAL HEALTH SERVICES, INC. ANNOUNCES OFFERING OF SENIOR SECURED NOTES
Universal Health Services (NYSE: UHS) has announced its intention to offer senior secured notes, subject to market conditions. The exact terms, including maturity, interest rate, and principal amount, will be determined at pricing. The net proceeds from this offering will be used to repay certain amounts outstanding under the company's current tranche A term loan facility.
The offering is being made through an effective shelf registration statement filed with the SEC. Interested parties can obtain the preliminary prospectus supplement and accompanying prospectus from various financial institutions, including J.P. Morgan Securities, BofA Securities, Truist Securities, U.S. Bancorp Investments, and Wells Fargo Securities.
Universal Health Services (NYSE: UHS) ha annunciato la sua intenzione di offrire note senior garantite, soggette alle condizioni di mercato. I termini esatti, tra cui la scadenza, il tasso di interesse e l'importo principale, saranno determinati al momento della determinazione del prezzo. I proventi netti di questa offerta saranno utilizzati per ripagare alcuni importi in essere nell'attuale linea di prestiti di tipo tranche A dell'azienda.
L'offerta viene effettuata tramite una dichiarazione di registrazione di scaffale efficace depositata presso la SEC. Le parti interessate possono ottenere il prospetto preliminare di integrazione e il prospetto accompagnatorio da varie istituzioni finanziarie, tra cui J.P. Morgan Securities, BofA Securities, Truist Securities, U.S. Bancorp Investments e Wells Fargo Securities.
Universal Health Services (NYSE: UHS) ha anunciado su intención de ofrecer notas senior garantizadas, sujetas a las condiciones del mercado. Los términos exactos, incluyendo el vencimiento, la tasa de interés y el monto principal, se determinarán en el momento de fijar el precio. Los ingresos netos de esta oferta se utilizarán para pagar ciertos montos pendientes bajo la actual línea de préstamo tipo tranche A de la empresa.
La oferta se realiza a través de una declaración de registro efectivo presentada ante la SEC. Las partes interesadas pueden obtener el suplemento del prospecto preliminar y el prospecto correspondiente de varias instituciones financieras, incluyendo J.P. Morgan Securities, BofA Securities, Truist Securities, U.S. Bancorp Investments y Wells Fargo Securities.
유니버설 헬스 서비스(뉴욕증권거래소: UHS)는 선순위 담보 노트를 시장 조건에 따라 제공할 계획을 발표했습니다. 만기, 이자율 및 원금 금액을 포함한 정확한 조건은 가격 책정 시 결정됩니다. 이 제안에서 발생하는 순수익은 회사의 현재 A 분기 대출 시설에서 미지급된 특정 금액을 상환하는 데 사용될 것입니다.
이번 제안은 SEC에 제출된 효과적인 선등록신청서를 통해 진행됩니다. 관심 있는 당사자는 J.P. Morgan Securities, BofA Securities, Truist Securities, U.S. Bancorp Investments, Wells Fargo Securities 등 다양한 금융 기관에서 예비 증권 설명서 및 동반 증권 설명서를 받을 수 있습니다.
Universal Health Services (NYSE: UHS) a annoncé son intention de proposer des obligations senior garanties, sous réserve des conditions du marché. Les modalités exactes, y compris l'échéance, le taux d'intérêt et le montant principal, seront déterminées lors de la fixation des prix. Les produits nets de cette offre seront utilisés pour rembourser certains montants dus dans le cadre de la facilité de prêt tranche A actuelle de l'entreprise.
L'offre est proposée par le biais d'une déclaration d'enregistrement de shelf efficace déposée auprès de la SEC. Les parties intéressées peuvent obtenir le supplément de prospectus préliminaire et le prospectus accompagnant auprès de diverses institutions financières, y compris J.P. Morgan Securities, BofA Securities, Truist Securities, U.S. Bancorp Investments et Wells Fargo Securities.
Universal Health Services (NYSE: UHS) hat seine Absicht bekannt gegeben, senior gesicherte Anleihen anzubieten, vorbehaltlich der Marktbedingungen. Die genauen Bedingungen, einschließlich Fälligkeit, Zinssatz und Hauptbetrag, werden bei der Preisfestsetzung bestimmt. Die Nettoerlöse aus diesem Angebot werden verwendet, um bestimmte ausstehende Beträge im Rahmen der aktuellen Tranche-A-Darlehensfazilität des Unternehmens zurückzuzahlen.
Das Angebot erfolgt über eine gültige Regalregistrierungsanmeldung, die bei der SEC eingereicht wurde. Interessierte Parteien können den vorläufigen Prospektzusatz und den begleitenden Prospekt von verschiedenen Finanzinstituten erhalten, darunter J.P. Morgan Securities, BofA Securities, Truist Securities, U.S. Bancorp Investments und Wells Fargo Securities.
- Potential to refinance existing debt with new senior secured notes
- Utilization of effective shelf registration statement for efficient offering process
- Potential increase in debt obligations depending on the terms of the new notes
- Subject to market conditions, which may affect the offering's success or terms
Insights
Universal Health Services' (UHS) proposed offering of senior secured notes is a strategic financial move aimed at restructuring its debt. By using the proceeds to repay part of its tranche A term loan, UHS is likely seeking to optimize its capital structure. This could potentially lead to lower interest expenses and improved financial flexibility.
However, investors should note that the actual impact depends on the final terms of the notes, which are yet to be determined. The market's reception of this offering will be crucial, as it may affect UHS's credit profile and future borrowing costs. While debt refinancing can be positive, it's essential to monitor how this affects UHS's overall leverage and debt service capabilities in the long term.
UHS's decision to issue senior secured notes comes at a time when the healthcare sector is facing various challenges, including labor shortages and inflationary pressures. This move suggests that UHS is proactively managing its financial position to navigate these headwinds. The company's ability to access the debt market indicates a certain level of investor confidence in its business model and future prospects.
However, the success of this offering will largely depend on current market conditions and investor appetite for healthcare debt. The final terms of the notes will provide insights into how the market perceives UHS's credit risk. Investors should closely watch for the pricing details and market reaction to gauge the overall sentiment towards UHS and the broader healthcare services sector.
The offering of the senior secured notes is being made pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission. The offering is being made only by means of a preliminary prospectus supplement and the accompanying prospectus, copies of which may be obtained by contacting J.P. Morgan Securities LLC, 383 Madison Avenue,
You may also visit www.sec.gov to obtain an electronic copy of the related preliminary prospectus supplement and the accompanying prospectus.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
Certain statements in this release may constitute forward-looking statements and are subject to various risks and uncertainties as discussed in the Company's filings with the Securities and Exchange Commission. The Company is not obligated to update these forward-looking statements even if the Company's assessment of these risks and uncertainties changes.
Universal Health Services, Inc. ("UHS") is one of the nation's largest providers of hospital and healthcare services. Through its subsidiaries, UHS operates acute care hospitals, behavioral health facilities, outpatient facilities and ambulatory care access points located throughout
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SOURCE Universal Health Services, Inc.
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