|Bid||15.14 x 2200|
|Ask||15.16 x 1800|
|Day's range||14.09 - 15.96|
|52-week range||10.00 - 39.37|
|Beta (5Y monthly)||2.14|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||12 Mar 2000|
|1y target est||N/A|
Tenet Healthcare Corporation (NYSE: THC) today announced the pricing of the previously announced private placement offering and has agreed to issue and sell $700 million in aggregate principal amount of senior secured first lien notes due on April 1, 2025, which will bear interest at a rate of 7.500% per annum (the "notes"). The aggregate principal amount of notes to be issued in the offering was increased to $700 million from the previously announced $500 million. Completion of the notes offering is expected to occur on April 7, 2020, and is subject to, among other things, standard closing and market conditions.
Tenet Healthcare Corporation (NYSE: THC) will provide a business update today regarding impacts related to the recent outbreak of the novel coronavirus (COVID-19). The presentation is scheduled to begin at approximately 10:00 a.m. Eastern time (9:00 a.m. Central time). A live webcast and audio archive of the event, as well as a related slide presentation, may be accessed through the investor relations section of Tenet’s website at www.tenethealth.com/investors. The audio archive will be available on Tenet’s website for approximately 30 days.
Tenet Healthcare Corporation (NYSE: THC) today announced a private placement offering of $500 million in aggregate principal amount of newly issued senior secured first lien notes maturing in 2025 (the "notes"). Completion of the offering is subject to, among other things, pricing and market conditions.
Tenet Healthcare Corporation (NYSE: THC) will participate in the Barclays Global Healthcare Conference on Wednesday, March 11. As the event has transitioned into a virtual fireside chat format, members of Tenet senior management will access the conference remotely. The presentation is scheduled to begin at approximately 9:00 a.m. Eastern time (8:00 a.m. Central time).
Tenet Healthcare Corporation (NYSE: THC) will participate in the Raymond James 41st Annual Institutional Investors Conference in Orlando, Florida on Monday, March 2. Members of senior management will speak at the conference at approximately 7:30 a.m. Eastern time (6:30 a.m. Central time).