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HCA looks to raise nearly $5 billion

Joel Stinnett
HCA looks to raise nearly $5 billion

HCA Healthcare Inc. filed paperwork with the Securities and Exchange Commission Thursday that could help the Nashville-based company raise some serious cash. The hospital giant will offer $4.9 billion of senior secured notes with the intent to use proceeds for “general corporate purposes and the redemption of certain outstanding indebtedness,” according to the filing. While Thursday’s filing does not mention using proceeds for expansion, the filing that accompanied the January notes said those proceeds could be used for acquisitions.