Loan & DebtJul 7, 2026, 04:53 PM
AdaptHealth subsidiary to redeem $325M Senior Notes
AI Summary
AdaptHealth LLC, an indirect wholly-owned subsidiary of AdaptHealth Corp., issued a notice to redeem all of its outstanding 6.125% Senior Notes due 2028. The aggregate principal amount of the notes is $325,000,000, and the redemption price will be 100% of the principal plus accrued interest. The redemption, expected on August 1, 2026, is conditioned upon the Issuer receiving sufficient net proceeds from a borrowing under its existing delayed draw term loan facility.
Key Highlights
- AdaptHealth LLC to redeem all outstanding 6.125% Senior Notes due 2028.
- Aggregate principal amount of notes to be redeemed is $325,000,000.
- Redemption price is 100% of principal plus accrued and unpaid interest.
- Redemption date is expected to be August 1, 2026.
- Payment of redemption price is expected on August 3, 2026.
- Redemption is conditioned upon receipt of sufficient net proceeds from an existing delayed draw term loan facility.
Price Impact
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