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 To Sell $1.45 Billion Of Notes To Fund Debt-Refinance Plan

DOW JONES NEWSWIRES DaVita Inc. (DVA) plans to sell $1.45 billion of notes to fund the potential repurchase of up to $1.55 billion of debt as the operator of dialysis centers joins a host of companies looking to retire near-term borrowings with longer-data, and hopefully cheaper, debt. The length of the notes to be sold wasn't disclosed in a statement. In the tender offer are $700 million of 6 5/8% notes maturing in 2013 and $850 million of 7 1/4% notes due 2015. The company is offering 1.9% and 3.9% above face value, respectively, including an early tender premium. Sale of the new notes is contingent on closing new credit lines. DaVita last week announced a $3.35 billion debt-refinancing plan that besides the $1.55 billion of notes includes $1.8 billion of borrowings under senior credit lines. DaVita 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. Shares closed at $69.03 Thursday and didn't trade premarket. Thos stock has risen 18% this year. -By Jodi Xu, Dow Jones Newswires; 212-416-3037; jodi.xu@dowjones.com

Stock News for Davita (DVA)
DateTimeHeadline
02/12/201417:09:09MARKET SNAPSHOT: U.S. Stocks Slip After Biggest 4-day Surge In...
02/12/201411:27:04MARKET SNAPSHOT: U.S. Stocks Search For Direction After 4-day...
02/12/201410:21:55MARKET SNAPSHOT: U.S. Stocks Edge Higher; Build On 4-day Rally
02/12/201409:21:11US Hot Stocks: Hot Stocks to Watch
11/25/201306:30:35U.S. Hot Stocks Futures: Hot Stocks to Watch
11/15/201309:15:02Lone Pine Capital 3Q 13F: Largest Purchases
11/15/201309:15:02Lone Pine Capital 3Q 13F: Holdings As Of Sep 30
11/15/201308:53:17D. E. Shaw & Co. LP 3Q 13F: Holdings As Of Sep 30
11/15/201308:53:17D. E. Shaw & Co. LP 3Q 13F: Holdings As Of Sep 30 -2-
11/15/201308:22:24Janus Capital Management 3Q 13F: Holdings As Of -2-
11/15/201308:22:23Janus Capital Management 3Q 13F: Holdings As Of Sep 30
11/15/201308:21:52Janus Capital Management 3Q 13F: Largest Purchases -2-
11/15/201308:21:50Janus Capital Management 3Q 13F: Largest Sales
11/15/201307:04:50Bridgewater Associates LP 3Q 13F: Largest -2-
11/15/201307:04:50Bridgewater Associates LP 3Q 13F: Holdings As Of -2-
11/15/201307:04:50Bridgewater Associates LP 3Q 13F: Largest Purchases
11/15/201307:04:49Bridgewater Associates LP 3Q 13F: Holdings As Of Sep 30
07/02/201309:16:38U.S. HOT STOCK FUTURES: HOT STOCKS TO WATCH
07/01/201319:36:11Medicare Proposes Rate Cut to Kidney Dialysis Centers
05/24/201318:34:09Berkshire's Weschler Reveals Personal Stakes in DaVita, DirecTV

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 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad