Financing ·
On August 13, 2026, Encompass Health Corporation completed the private issuance of $100 million in aggregate principal…
EHCEncompass Health Corp
On August 13, 2026, Encompass Health Corporation completed the private issuance of $100 million in aggregate principal amount of its 5.875% Senior Notes due 2034 (the “Additional Notes”). The notes were sold at a purchase price of 98.75% of the aggregate principal amount, yielding net proceeds of approximately $96.9 million after deducting discounts and offering expenses. The company utilized these net proceeds, combined with existing cash on hand, to repay a portion of the outstanding balance under its revolving credit facility. These Additional Notes are governed by the Indenture dated May 29, 2026, and rank pari passu with $500 million in Existing Notes previously issued under the same indenture. Encompass Health Corporation operates in the healthcare industry, specifically providing post-acute rehabilitation services.