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HCA completes $1.5 billion bond sale

The Tennessean, April 16, 2009
Nashville-based hospital chain HCA Inc. sold $1.5 billion of 10-year notes in this year's biggest high-yield bond offering, according to data compiled by Bloomberg. The 8.5% bonds priced at 96.76 cents on the dollar to yield 9%, or 624 basis points more than Treasuries of similar maturity.