KING OF
PRUSSIA, Pa., Sept. 16,
2024 /PRNewswire/ -- Universal Health Services, Inc.
(NYSE: UHS) announced today that it proposes to offer senior
secured notes, subject to market conditions and other
considerations. Actual terms of the senior secured notes, including
maturity, interest rate and principal amount, will depend on market
conditions at the time of pricing. The Company intends to use
the net proceeds of the offering to repay certain amounts
outstanding under the Company's current tranche A term loan
facility.
The offering of the senior secured notes is being made pursuant
to an effective shelf registration statement filed with the
Securities and Exchange Commission. The offering is being made only
by means of a preliminary prospectus supplement and the
accompanying prospectus, copies of which may be obtained by
contacting J.P. Morgan Securities LLC, 383 Madison Avenue,
New York, New York 10179, Attn:
Investment Grade Syndicate Desk, by telephone: 1-212-834-4533, BofA
Securities, Inc., NC1-022-02-25, 201 North Tryon Street,
Charlotte, North Carolina 28255,
Attn: Prospectus Department, by telephone: 1-800-294-1322 or by
email: dg.prospectus_requests@bofa.com, Truist Securities,
Inc., 303 Peachtree Street, Atlanta,
GA 30308, Attn: Prospectus Department, by telephone:
800-685-4786 or by email: TSIdocs@Truist.com, U.S. Bancorp
Investments, Inc. by telephone: 877-558-2607, or Wells Fargo
Securities, LLC, 608 2nd Avenue South, Suite 1000, Minneapolis, MN 55402, Attn: WFS Customer
Service, by telephone: 1-800-645-3751 or by email:
wfscustomerservice@wellsfargo.com.
You may also visit www.sec.gov to obtain an electronic copy of
the related preliminary prospectus supplement and the accompanying
prospectus.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of the
Notes in any jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the
securities laws of any such jurisdiction.
Certain statements in this release may constitute
forward-looking statements and are subject to various risks and
uncertainties as discussed in the Company's filings with the
Securities and Exchange Commission. The Company is not obligated to
update these forward-looking statements even if the Company's
assessment of these risks and uncertainties changes.
Universal Health Services, Inc. ("UHS") is one of the nation's
largest providers of hospital and healthcare services. Through its
subsidiaries, UHS operates acute care hospitals, behavioral health
facilities, outpatient facilities and ambulatory care access points
located throughout the United
States, Puerto Rico and the
United Kingdom.
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SOURCE Universal Health Services, Inc.
