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Recent Updates — UHS

August 21, 2026View Source ↗

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.

August 17, 2026View Source ↗

Universal Health Services completed its acquisition of Talkspace on August 17, 2026, creating the nation's first full continuum of behavioral healthcare services. To finance the transaction, UHS borrowed $400 million under a delayed draw term loan facility and additional funds from its revolving credit facility. Each share of Talkspace common stock converted into the right to receive $5.25 in cash, while unvested equity awards were converted into equivalent Class B Common Stock of UHS. This strategic move integrates Talkspace's virtual care platform with UHS' extensive network of hospitals and behavioral health facilities. Universal Health Services operates as a major provider of hospital and healthcare services, including acute care and behavioral health facilities.

August 13, 2026View Source ↗

Universal Health Services, Inc. entered into an underwriting agreement on August 11, 2026, to issue $1.1 billion in aggregate principal amount of senior secured notes. The issuance consists of two tranches: $600 million of 5.500% Senior Secured Notes due 2031 and $500 million of 6.000% Senior Secured Notes due 2036. All existing and future direct and indirect subsidiaries guaranteeing the issuer's senior secured credit facility or other first lien obligations will provide a senior secured guarantee for the notes. The underwriters include J.P. Morgan Securities LLC, BofA Securities, Inc., Truist Securities, Inc., U.S. Bancorp Investments, Inc., and Wells Fargo Securities, LLC. Proceeds may be used to repay outstanding borrowings under the issuer's revolving credit facility. Universal Health Services operates in the healthcare industry, providing hospital management services.

July 28, 2026View Source ↗

Universal Health Services reported second-quarter 2026 net income of $358.4 million, or $5.98 per diluted share, up from $353.2 million, or $5.43 per diluted share, in the prior year period. Consolidated net revenues increased 8.3% to $4.638 billion. Results included a $100 million favorable impact from the Florida Medicaid managed care directed payment program, partially offset by a $28 million increase in liability reserves. The company revised its full-year 2026 adjusted EPS forecast downward to a range of $22.28 to $23.65 per share, citing the expiration of the Florida program benefits after September 2025. UHS operates as a major provider of hospital and behavioral health care services in the United States.

July 21, 2026View Source ↗

Universal Health Services, Inc. entered into a Twelfth Amendment to its existing Credit Agreement on July 20, 2026, adding a new incremental delayed draw tranche A term loan facility of up to $700 million. This facility is available for drawdown between July 20, 2026, and September 30, 2026, with a maturity date occurring 364 days after funding. The company intends to use the proceeds for general corporate purposes, including refinancing existing debt. The loan features margins based on the Consolidated Net Leverage Ratio, initially starting at 0.125% for ABR Loans and 1.125% for Term Benchmark and RFR Loans. Universal Health Services, Inc. is a healthcare services provider.