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Potential IPO could cut HCA's debt by 11%, analyst says

The Tennessean, April 9, 2010

A $3 billion initial public offering would reduce Nashville-based hospital chain HCA's pro-forma debt balance of $27.16 billion by 11%, CRT Capital Group analyst Sheryl Skolnick said in a research note. "We suspect that the final IPO amount could actually be higher than that," she said after reports that HCA was looking to raise up to $3 billion in an offering. "We also think HCA's IPO will possibly be oversubscribed."