HCA proposes initial public offering of common stock

HCA Inc. announced today that it has filed a registration statement with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of approximately $4 billion of shares of its common stock to be sold by HCA and certain existing shareholders.  It is anticipated that approximately $2.5 billion of the offering will consist of newly issued shares sold by HCA. Such amounts do not give effect to the underwriters' option to purchase additional shares to cover overallotments.  

BofA Merrill Lynch, Citi and J.P. Morgan are serving as joint book-running managers of the offering and representatives of the underwriters.  Barclays Capital, Credit Suisse, Deutsche Bank Securities, Goldman, Sachs & Co., Morgan Stanley and Wells Fargo Securities are also acting as joint book-running managers of the offering.  

Through its 162 hospitals and 106 freestanding surgery centers across 20 states throughout the United States and in England, HCA is the largest non-governmental hospital operator in the United States and a leading comprehensive, integrated provider of health care and related services.