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DVA - DaVita launches add-on offering of $750M senior notes
DaVita Inc.
DaVita (DVA) commenced a private add-on offering of $750M principal amount of its 4.625% senior notes due June 1, 2030.Net proceeds will be used for paying down outstanding borrowings under its revolving credit facility and for general corporate purposes.Accordingly, DaVita will have significant discretion over the use of any net proceeds from the add-on offering.