HEALTHTRUST, INC. - THE HOSPITAL COMPANY DECLARES CONSENT DATE WITH RESPECT TO 11-3/4 PERCENT ESOP SENIOR NOTES
HEALTHTRUST, INC. - THE HOSPITAL COMPANY DECLARES CONSENT
DATE WITH RESPECT TO 11-3/4 PERCENT ESOP SENIOR NOTES
NASHVILLE, Tenn., Nov. 18 /PRNewswire/ -- HealthTrust, Inc. - The Hospital Company announced today that as of 5:30 p.m., New York City time, on Nov. 15, it had received tenders and related consents from holders of 100 percent of its ESOP senior notes and had declared a consent date with respect to such ESOP senior notes.
Accordingly, from and after 5:30 p.m., New York City time, on Nov. 15, no holder of ESOP senior notes will be entitled to withdrawal rights with respect to such notes (except as otherwise expressly set forth in the prospectus). HealthTrust declared a consent date with respect to its 15-1/4 percent senior subordinated debentures and zero coupon senior subordinated debentures at 8:30 a.m., New York City time, on Nov. 13.
Merrill Lynch & Co. is acting as dealer manager, Continental Bank, National Association as depository and D.F. King & Co. Inc. as information agent in connection with the tender offers and consent solicitations.
HealthTrust is one of the largest hospital management companies in the United States, operating 84 acute care hospitals with a total of 11,440 licensed beds.
This communication shall not constitute a solicitation of tenders or an offer to sell or the solicitation of an offer to buy the common stock, nor shall there be any acceptance of tenders or sale of common stock in any state in which any such acceptance, offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
/CONTACT: Glenn Davis of HealthTrust, 615-383-4444/ CO: HealthTrust, Inc. - The Hospital Company ST: Tennessee IN: HEA SU: CK-SM -- NY020 -- 1309 11/18/91 10:09 EST