Latham & Watkins Advises on Lifepoint Health, Inc.’s Upsized US$1.1 Billion Senior Secured Notes Offering

Lifepoint Health, Inc., a leading healthcare provider, has announced that it has priced its offering of US$1.1 billion aggregate principal amount of 11.00% Senior Secured Notes due 2030 at an issue price of 100.000% in a private offering that is exempt from the registration requirements of the Securities Act of 1933. The offering size was increased from the previously announced offering size of US$1.0 billion aggregate principal amount of the Notes. The closing of the offering is expected to occur on October 10, 2023, and is subject to market conditions and other factors.

Latham & Watkins LLP represents the initial purchasers in the offering with a corporate team led by partners Ian Schuman, Stelios Saffos, and Peter Sluka, and counsel Gemma Mootoo Rajah, with associates Paul Lau and Sofia Sitterson. Advice was also provided on finance matters by partners Conray Tseng and Eugene Mazzaro, with associates Michael Novak and Ed Prevost; and on tax matters by partner Jiyeon Lee-Lim, with associates Aaron Bernstein and Farrah Yan.