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Community Health Systems Reports Expiration, Bond Buyback Final Results

BY MT Newswires | CORPORATE | 08/26/25 09:15 AM EDT

09:15 AM EDT, 08/26/2025 (MT Newswires) -- Community Health Systems (CYH) said Tuesday that the previously announced cash tender offer by its CHS/Community Health Systems unit, dated July 28, had expired on Monday, Aug. 25.

The company said that about $7.9 million of 5.625% senior secured notes due 2027 notes were validly tendered and not validly withdrawn by 5 pm on Monday. The company said its unit accepted all of the tendered notes for purchase.

That amount is in addition to the previously announced roughly $1.74 billion of such notes that were validly tendered as of the early tender deadline on Aug. 8 and paid on Aug. 12, the company said.

The company's shares were down more than 3% in recent Tuesday premarket activity.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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