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United States : Simpson Thacher Represents HCA and Its Principal Stockholder in $775 Million Secondary Offering and $750 Million Concurrent Share Repurchase.

Simpson Thacher recently represented HCA Holdings, Inc. ( HCA ) and its principal stockholder, an entity affiliated with Bain Capital Partners, LLC and Kohlberg Kravis Roberts & Co., in connection with a secondary offering of 15,000,000 shares of common stock of HCA by the principal stockholder for aggregate gross proceeds of approximately $775 million, and a concurrent share repurchase by HCA of 14,554,628 additional shares from the principal stockholder. The concurrent share repurchase resulted in additional gross proceeds of approximately $750 million.

HCA is the largest non-governmental hospital operator in the U.S. and a leading comprehensive, integrated provider of health care and related services.

The Simpson Thacher team for this transaction included: Joseph Kaufman, Katerina Kousoula, Tony Rim and Erika Tang (Capital Markets) and Nancy Mehlman, Jonathan Cantor, Andrew Purcell, Jonathan Goldstein and Jodi Sackel (Tax).

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Publication:Mena Report
Date:May 30, 2014
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