DaVita (DVA) said Tuesday it has commenced a $750 million private offering of senior notes due 2033.
Net proceeds will be used to repay revolving credit facilities, as well as related interest and costs, the company said. Any remaining proceeds will be used for general corporate purposes.
DVA shares were 1.4% lower in recent premarket activity.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.