HCA Healthcare

HCA Healthcare

HCA Healthcare is a Nashville, Tennessee-based healthcare company founded in 1968 by Jack C. Massey.

Key facts

Legal NameHca Healthcare, Inc.
Company Operating StatusActive
Full AddressHCA Healthcare One Park Plaza Nashville, TN 37203
Public/PrivatePublic
Stock SymbolHCA
Ticker SymbolHCA

Capital structure

$8.0bn total debtBBB- / Baa3 (Level III Status as rating

InstrumentCouponMaturityAmountSource
Revolving Credit Facility · Senior UnsecuredTerm SOFR + Applicable Term SOFR Margin (Level III: 1.250%) or AUSD 8.0bnsource ↗

Covenant analysis

CovenantTermvs marketSource
Annual Financial Statements · Affirmative Covenant – ReportingDeliver within 5 Business Days after SEC filing deadline (or 90 days after fiscal year end if not SEC-filed)source ↗
Quarterly Financial Statements · Affirmative Covenant – ReportingDeliver within 5 Business Days after SEC filing deadline (or 45 days after quarter end if not SEC-filed)source ↗
Judgment Default · Event of DefaultUnsatisfied judgments of $500,000,000 or more in aggregate against Borrower or Significant Subsidiaries not satisfied, vacated, discharged or stayed within 60 daysloose $500m vs event of default median $125m (n=62)source ↗
Cross-Default · Event of DefaultDefault on other Indebtedness in excess of $500,000,000 in aggregate for Borrower and Significant Subsidiariesloose $500m vs event of default median $125m (n=62)source ↗