HCA Holdings, Inc. (NYSE:HCA) today announced that its wholly owned subsidiary, HCA Inc., proposes to offer, subject to market and other considerations, $500 million aggregate principal amount of senior unsecured notes. Actual terms of the notes, including 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 for general corporate purposes, which may include funding a portion of the acquisition of the remaining ownership interest in our HCA-HealthONE LLC joint venture currently owned by the Colorado Health Foundation.
Barclays Capital, Deutsche Bank Securities, Goldman, Sachs & Co., Morgan Stanley, RBC Capital Markets and Wells Fargo Securities are acting as the joint book-running managers for the offering.