CYH · Community Health Systems, Inc.

Summary

Community Health Systems announced early tender results for its cash tender offer to purchase up to $600 million of 4.750% 2031 Notes and 10.875% 2032 Notes, accepting $368.4 million and $230.9 million respectively after proration.

Key takeaways

• Tender offer by CHS/Community Health Systems, Inc. for up to $600M aggregate purchase price of 2031 Notes and 2032 Notes.
• $994.8M (94.05%) of 2031 Notes tendered; 37.07% prorated, accepting $368.4M principal.
• $822.0M (46.18%) of 2032 Notes tendered; 28.14% prorated, accepting $230.9M principal.
• Early settlement expected May 7, 2026; tender cap reached, no further acceptances planned.
• Tender offer terms subject to Issuer's discretion for amendments or waivers.