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HEALTHTRUST COMMENCES OFFERING OF $300 MILLION 8-3/4 PERCENT SUBORDINATED DEBENTURES

 NASHVILLE, Tenn., March 23 /PRNewswire/ -- Healthtrust, Inc. The Hospital Company (NYSE: HTI) announced today the commencement of a public offering of $300 million aggregate principal amount of its 8-3/4 percent Subordinated Debentures due 2005. HealthTrust will use the proceeds from the sale of the Debentures to repay indebtedness outstanding under its bank credit agreement. The company anticipates that the balance of the proceeds, together with additional bank borrowings, will be applied to the redemption of certain other outstanding company indebtedness.
 The offering is being managed by Donaldson, Lufkin & Jenrette Securities Corporation and co-managed by Merrill Lynch & Co. and Bear, Stearns & Co. Inc. A copy of the prospectus relating to the offering may be obtained from Donaldson, Lufkin & Jenrette Securities Corporation, 140 Broadway, New York, New York, 10005.
 HealthTrust, Inc. is one of the largest health care providers in the United States with assets of $2.4 billion. The company provides a variety of acute and other health care services in 21 southern and western states.
 -0- 3/23/93
 /CONTACT: Merilyn Herbert of HealthTrust, Inc., 615-298-6261, or Paula Lovell of Lovell Communications, 615-297-7766, or home, 615-665-2091, for HealthTrust, Inc./


CO: HealthTrust Inc. ST: Tennessee IN: HEA SU: OFR

LD-KW -- NY083 -- 8902 03/23/93 19:57 EST
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Publication:PR Newswire
Date:Mar 23, 1993
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