ADVFN - Advanced Financial Network.
HOME» NYSE » D » DVA Stock Price » DVA Stock News

Davita Share News

 Davita Inc. Stock Price
DVA Stock Price
 Davita Inc. Stock Chart
DVA Stock Chart
 Davita Inc. Stock News
DVA Stock News
 Davita Inc. Company Information
DVA Company Information
 Davita Inc. Stock Trades
DVA Stock Trades

DaVita Plans $3.35 Billion Credit Facility, Note Refinancing

DOW JONES NEWSWIRES DaVita Inc. (DVA) announced plans to refinance $3.35 billion in debt, becoming the latest company to restructuring its borrowings amid a historically low interest-rate environment. The operator of dialysis centers has seen earnings grow in recent quarters amid increasing demand. Last month, uncertainty that had jostled its share price for months was lifted, as effects of a shift in Medicare and Medicaid reimbursement were clarified. The company's commentary on the changes was cautiously upbeat, according to an analyst. DaVita said Tuesday it intends to refinance $1.8 billion of borrowings under senior secured facilities, $700 million of senior notes due in 2013 and $850 million of senior notes due in 2015. It plans to conduct the refinancing with funds from "new secured and unsecured debt." The company also plans to seek additional financing for general purposes, including acquisitions and share repurchases, it said. Shares of DaVita, which sees third-quarter results in line with prior estimates and raised the bottom end of its 2010 earnings target, closed Monday at $65.99 and were inactive premarket. They are up 12% this year. -By Matt Jarzemsky, Dow Jones Newswires; 212-416-2240; matthew.jarzemsky@dowjones.com

Stock News for Davita (DVA)
DateTimeHeadline
09/23/201606:13:00Over 500 Cyclists Ride in 10th Annual Tour DaVita to Raise Funds...
09/22/201616:39:00DaVita Kidney Care Celebrates First Day of Autumn with Slow Cooker...
09/22/201606:13:00DaVita Kidney Care Celebrates First Day of Autumn with Slow Cooker...
09/14/201605:13:00DaVita Names New President for Florida Medical Group Operations
09/08/201606:10:55Current Report Filing (8-k)
09/06/201617:25:36Current Report Filing (8-k)
08/30/201611:00:00The Everett Clinic Announces Leadership Transitions
08/30/201608:13:00DaVita Kidney Care Welcomes Dr. Bryan Becker to Physician Leadership...
08/25/201615:13:00DaVita Celebrates Recent Awards
08/23/201606:12:00DaVita Kidney Care Welcomes Dr. Jeff Giullian to Physician Leadership...
08/17/201606:15:00DaVita Hospital Services Receives Re-Accreditation from The Joint...
08/12/201617:25:40Securities Registration: Employee Benefit Plan (s-8)
08/11/201618:40:16Statement of Changes in Beneficial Ownership (4)
08/08/201617:16:01Quarterly Report (10-q)
08/08/201616:23:42Current Report Filing (8-k)
08/08/201616:01:00DaVita HealthCare Partners Inc. 2nd Quarter 2016 Results
07/25/201616:00:00DaVita HealthCare Partners Inc. Schedules 2nd Quarter 2016 Investor...
07/18/201606:13:00DaVita Joins Patients and Providers to Urge Congress to Pass...
07/13/201615:17:03Statement of Changes in Beneficial Ownership (4)
07/13/201614:59:11Initial Statement of Beneficial Ownership (3)

Davita and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad