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Community Health Systems (CYH) subsidiary CHS/Community Health Systems intends to offer $1.050B aggregate principal amount of senior secured notes due 2027.Net proceeds of the notes offering to repurchase and/or redeem $1B aggregate principal amount of its 6.250% senior secured note...
Community Health Systems, Inc. (the “Company”) (NYSE: CYH) today announced that its wholly owned subsidiary, CHS/Community Health Systems, Inc. (the “Issuer”), intends to offer $1.050 billion aggregate principal amount of Senior Secured Notes due 2027 (the ...
Community Health Systems, Inc. (the “Company”) (NYSE: CYH) today announced that its wholly owned subsidiary, CHS/Community Health Systems, Inc. (the “Issuer”), has commenced a cash tender offer (the “Tender Offer”) for up to $1,000 million of th...
Community Health Systems (CYH) shares slips 1.6% after agreeing to issue 10M of new shares and to pay $400M of cash in exchange for $700M of notes due 2028 from a multi-asset investment manager.CYH plans to use cash on hand to fund the cash consideration of the exchange.The transact...
Community Health Systems, Inc. (the “Company”) (NYSE: CYH) announced today that it has entered into a privately negotiated agreement with a multi-asset investment manager who has certain funds and accounts, which are holders (the “Holders”) of 6.875% Senior U...
With a fragmented healthcare system, primary care network companies, like Oak Street Health and One Medical are benefiting from higher demand. One Medical for example just saw its revenue jump 46% year over year to $101.7 million, as reported by Health Care Dive. “We are pleased to h...
Community Health Systems, Inc. (NYSE: CYH) today announced that management will participate in the BofA Securities 2020 Virtual Leveraged Finance Conference to be held November 30 - December 2, 2020. The investor presentation will begin at 9:00 a.m. Eastern time, 8:00 a.m. Central t...
Community Health Systems, Inc. (the “Company”) (NYSE: CYH) announced today the early tender results of the previously announced tender offers (the “Tender Offers”) by its wholly owned subsidiary, CHS/Community Health Systems, Inc. (the “Issuer”)...
Health insurers and hospital operators are staging a modest rally in apparent reaction to comments from Supreme Court justice Brett Kavanaugh and Chief Justice John Roberts implying that the unconstitutionality of the individual mandate is "severable" from the constitutionality of the Afforda...
Are These The Best Small-Cap Stocks To Buy Or Sell Now? Some of the best investment stories in the stock market started with investors who recognized the potential of small-cap stocks . But let’s not confuse penny stocks and small-cap stocks. After all, both may repre...
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Community Health Systems, Inc. (NYSE: CYH) announced today that certain subsidiaries of the Company have entered into a definitive agreement to sell three Pennsylvania hospitals – 186-bed Regional Hospital of Scranton and 122-bed Moses Taylor Hospital in Scranton, 369-bed Wilkes-Barre Gene...
2024-07-30 08:00:17 ET Stephen Baxter from Wells Fargo issued a price target of $5.00 for CYH on 2024-07-30 06:59:00. The adjusted price target was set to $5.00. At the time of the announcement, CYH was trading at $5.18. The overall price target consensus is at $11.88 wi...
Community Health Systems, Inc. (NYSE: CYH) (the “Company”) today announced financial and operating results for the three and six months ended June 30, 2024. The following highlights the financial and operating results for the three months ended June 30, 2024. Net operati...