Encompass Health to Redeem $100 Million in Senior Notes

MT Newswires Live
2024-10-23

Encompass Health (EHC) said late Tuesday it plans to redeem $100 million of the outstanding balance of its 5.75% senior notes due 2025 on Nov. 21.

The redemption price will be 100% of par, plus accrued and unpaid interest pursuant to the terms of the 2025 notes, the company said.

Encompass Health plans to use cash to fund the redemption, resulting in an approximate $200,000 million loss in Q4.

Price: 95.45, Change: -0.04, Percent Change: -0.04

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