Item 8.01 Other Events.
On August 9, 2018, HCA Healthcare, Inc. (the “Registrant” or the “Parent Guarantor”) and HCA Inc., a wholly owned subsidiary of the Registrant (the “Issuer”) entered into an underwriting agreement (the “Underwriting Agreement”) with Goldman Sachs & Co. LLC, Barclays Capital Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC, RBC Capital Markets, LLC, SMBC Nikko Securities America, Inc., SunTrust Robinson Humphrey, Inc., UBS Securities LLC and Wells Fargo Securities, LLC as representatives of the several underwriters named therein, for the issuance and sale by the Issuer of $2,000,000,000 aggregate principal amount of senior unsecured notes (collectively, the “Notes”) in the following tranches:
| • | | $1,000,000,000 aggregate principal amount of 5.375% Senior Notes due 2026; and |
| • | | $1,000,000,000 aggregate principal amount of 5.625% Senior Notes due 2028. |
The Notes will be guaranteed on a senior unsecured basis by the Parent Guarantor and will be issued and sold pursuant to the Registrant’s Registration Statement on FormS-3 (FileNo. 333-226709) and a related preliminary prospectus supplement dated August 9, 2018.
The description of the Underwriting Agreement is qualified in its entirety by the terms of such agreement, which is incorporated herein by reference and attached to this report as Exhibit 1.1.
On August 9, 2018, the Issuer provided notice of its election to redeem (the “Redemption”) all $1,500,000,000 aggregate principal amount outstanding of its 3.75% Senior Secured Notes due 2019 (the “Redeemed Notes”). The Redeemed Notes will be redeemed on September 10, 2018 (the “Redemption Date”). The Issuer’s obligation to complete the Redemption is conditioned upon the receipt prior to the Redemption Date by the Issuer of the net proceeds from the sale and issuance of the Notes pursuant to the Underwriting Agreement. This Current Report on Form8-K does not constitute a notice of redemption of the Redeemed Notes.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits:
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Exhibit No. | | Description |
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1.1 | | Underwriting Agreement, dated as of August 9, 2018, among HCA Inc., HCA Healthcare, Inc. and Goldman Sachs & Co. LLC, Barclays Capital Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC, RBC Capital Markets, LLC, SMBC Nikko Securities America, Inc., SunTrust Robinson Humphrey, Inc., UBS Securities LLC and Wells Fargo Securities, LLC as representatives of the other several underwriters named therein. |
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