During Thursday’s Morning trade, Shares of HCA Holdings Inc (NYSE:HCA), lost -1.34% to $66.84.
HCA Holdings, declared that its wholly-owned partner, HCA Inc., proposes to offer, subject to market and other considerations, $1.0 billion aggregate principal amount of senior notes due 2026. Actual terms of the notes, counting interest rate and principal amount, will depend on market conditions at the time of pricing. HCA Inc. intends to use the net proceeds of this offering, together with cash on hand, to redeem all of its $1,000,000,000 aggregate principal amount outstanding of existing 6.500% notes due February 15, 2016.
Barclays, BofA Merrill Lynch, Citigroup, Credit Suisse, Deutsche Bank Securities, Goldman, Sachs & Co., J.P. Morgan, Morgan Stanley, RBC Capital Markets, SunTrust Robinson Humphrey, UBS Investment Bank and Wells Fargo Securities are acting as the joint book-running managers for the offering.
HCA Holdings, Inc., through its auxiliaries, provides health care services in the United States. It operates general, acute care hospitals that offer medical and surgical services, counting inpatient care, intensive care, cardiac care, diagnostic, and emergency services; and outpatient services, such as outpatient surgery, laboratory, radiology, respiratory therapy, cardiology, and physical therapy services.
Finally, Shares of Michael Kors Holdings Ltd (NYSE:KORS), gained 0.34%, and is now trading at $41.43.
Michael Kors Holdings Limited, declared that the company will be presenting at the Morgan Stanley Global Consumer & Retail Conference, held at The Crowne Plaza Times Square in New York City, on Tuesday, November 17, 2015 at 10:40 AM Eastern Time. John D. Idol, Chairman and Chief Executive Officer, and Joseph B. Parsons, Executive Vice President, Chief Financial Officer, Chief Operating Officer & Treasurer, will host the presentation.
Michael Kors Holdings Limited engages in the design, marketing, distribution, and retailing of branded women’s apparel and accessories, and men’s apparel. The company operates in three segments: Retail, Wholesale, and Licensing. The Retail segment is involved in the sale of women’s apparel; accessories, which comprise handbags and small leather goods, such as wallets; footwear; and licensed products comprising watches, jewelry, fragrances and beauty, and eyewear.
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