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Lifepoint Health, Inc. - Tender Offer & Consent Solicitation - Launch

Lifepoint Health, Inc. Announces Tender Offer and Consent Solicitation for its 6.750% Senior Secured Notes due 2025

31 JULY 2023

Full announcement including full disclosures and disclaimers available via Businesswire

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Lifepoint Health, Inc. (the “Company”) today announced that it is commencing a tender offer (the “Tender Offer”) to purchase for cash any and all of its outstanding 6.750% Senior Secured Notes due 2025 (the “Notes”). In connection with the Tender Offer, the Company is also soliciting consents from holders of the Notes (the “Consent Solicitation”) to certain proposed amendments to the indenture and related documents governing the Notes to, among other things, eliminate substantially all of the restrictive covenants and certain events of default in the indenture governing the Notes, release the collateral securing the Notes and shorten the required notice period for redemptions of the Notes from 30 days to two business days (collectively, the “Proposed Amendments”). The Company is seeking consents to all the Proposed Amendments as a single proposal. Holders may not tender their Notes without delivering their consents, and Holders may not deliver their consents without tendering their Notes.

The Tender Offer and Consent Solicitation are subject to the terms and conditions set forth in the offer to purchase and consent solicitation statement, dated July 31, 2023, relating thereto (the “Statement”). Holders of the Notes are urged to carefully read the Statement before making any decision with respect to the Tender Offer and Consent Solicitation.

The Notes and other information relating to the Tender Offer and Consent Solicitation are listed in the table below. The Statement more fully sets forth the terms of the Tender Offer and Consent Solicitation."



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