Universal Health Services completed the public offering of $1.1 billion in aggregate principal amount of senior secured notes on August 20, 2026. The issuance includes $600 million of 5.500% Senior Secured Notes due September 1, 2031, and $500 million of 6.000% Senior Secured Notes due September 1, 2036. Both series carry semi-annual interest payments commencing March 1, 2027, and are guaranteed on a senior secured basis by existing and future direct and indirect subsidiaries that guarantee the company's senior secured credit facility or other first lien obligations. The notes rank equally with other senior indebtedness and are secured by first-priority liens on certain assets of the Issuer and Secured Guarantors. Universal Health Services operates in the healthcare industry, providing management services to hospitals and outpatient facilities.
