HCA Inc./DE Form 424B5 — Nov 4, 2026
HCA Inc., a subsidiary of HCA Healthcare, Inc., is offering $6.5 billion of senior notes across seven tranches ranging from 5.200% notes due 2028 to 6.500% notes due 2056, including $300 million of floating rate notes at Compounded SOFR plus 0.750%. Proceeds are for general corporate purposes, potentially including redemption of the $1.200 billion of 4.500% senior notes due 2027 and repayment of borrowings under the $8.000 billion commercial paper program. The notes are fully and unconditionally guaranteed by parent HCA Healthcare on a senior unsecured basis.
Key figures
- Debt Amount
- 6500000000
- Issue date
- November 5, 2026
- Notes 2028
- $500,000,000 5.200% Senior Notes due November 3, 2028
- Notes 2029
- $1,000,000,000 5.350% Senior Notes due November 15, 2029
- Notes 2031
- $1,250,000,000 5.500% Senior Notes due November 15, 2031
- Notes 2033
- $1,200,000,000 5.750% Senior Notes due November 15, 2033
- Notes 2036
- $1,500,000,000 6.000% Senior Notes due November 15, 2036
- Notes 2056
- $750,000,000 6.500% Senior Notes due November 15, 2056
- Notes floating 2028
- $300,000,000 Floating Rate Senior Notes due November 3, 2028 (Compounded SOFR + 0.750%)
- 2027 notes refinanced
- $1.200 billion of 4.500% senior notes due 2027 may be redeemed
- Change of control put
- 101% of principal
- Commercial paper program
- $8.000 billion
AI analysis
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