KKR, Bain Take Third HCA Payout Debt Looks Better Than IPO

KKR, Bain Take Third HCA Payout Debt Looks Better Than IPO

Harrison McClary/ Bloomberg

HCA, the largest U.S. hospital chain, said today it will sell $1.53 billion in high-yield debt to finance the payout to its private-equity owners, which also include Bank of America Corp.