HCA Healthcare subsidiary issues $6.5 billion in senior notes
HCA•HCA Healthcare subsidiary HCA completed a $6.5 billion senior notes offering on November 5, 2026. The notes mature from 2028 through 2056, with fixed-rate coupons of 5.2% to 6.5%.
1. Offering details
HCA completed the $6.5 billion offering in seven series. A $300 million floating-rate tranche matures November 3, 2028, and cannot be redeemed before maturity. HCA Healthcare fully and unconditionally guarantees all notes on a senior unsecured basis. Holders can require repurchase at 101% of principal, plus accrued interest, after a qualifying ratings downgrade and certain changes of control.
