Full Press Release Details
COMMUNITY HEALTH SYSTEMS, INC. ANNOUNCES OFFERING
OF $1,500 MILLION OF SENIOR SECURED NOTES DUE 2034
FRANKLIN, Tenn. (July 28, 2025) 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 $1,500 million aggregate principal amount of Senior Secured Notes due 2034 (the Notes ), subject to market and other conditions (the Notes
The Issuer intends to use the net proceeds of the Notes Offering, together with cash on hand, to refinance a portion of its outstanding
5.625% Senior Secured Notes due 2027 (the 2027 Notes ) through a tender offer and/or a redemption. This press release shall not constitute an offer to purchase any 2027 Notes.
The Notes will be offered in the United States to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities
Act of 1933, as amended (the Securities Act ), and outside the United States pursuant to Regulation S under the Securities Act. The Notes have not been registered under the Securities Act and may not be offered or sold in the United
States absent registration or an applicable exemption from the registration requirements.
This press release is neither an offer to sell nor a
solicitation of an offer to buy any securities, nor shall there be any offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful. Any offers of the Notes will be made only by means of a private
offering memorandum. This notice is being issued pursuant to and in accordance with Rule 135(c) under the Securities Act.
This press release may include information that could constitute forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. These statements involve risk and uncertainties. The Company undertakes no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new
information, future events or otherwise, except as otherwise required by law.