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Prospect News home > News index > List of issuers L > Headlines for LifePoint Health, Inc. > News item
Published on 7/31/2023 in the Prospect News Bank Loan Daily, Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

Moody's assigns B2 to LifePoint notes

Moody's Investors Service said it assigned a B2 rating to LifePoint Health, Inc.'s new $800 million of senior secured notes due in 2030.

There are no changes to LifePoint’s other ratings including the B3 corporate family rating, the B3-PD probability of default rating, the B2 senior secured term loan, the B2 senior secured notes due in 2025 and the Caa2 senior unsecured ratings.

LifePoint is expected to use the proceeds to repay, redeem or repurchase at or prior to maturity its $600 million of senior secured notes due in 2025 and make an optional prepayment on a portion of the term loan B credit facility.

The outlook is unchanged at stable.


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