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Encompass Health announces private offering of senior notes

The company plans to use the proceeds to redeem $400 million of 2028 notes and repay $100 million of revolving credit debt.

  • On Thursday, May 14, 2026, Encompass Health Corp. announced a private offering of $500 million in senior notes maturing in 2034, subject to market and customary closing conditions.
  • The Company intends to use net proceeds to redeem $400 million in outstanding 4.500% Senior Notes due 2028 and repay $100 million under its senior secured revolving credit facility.
  • Interest on the Notes will be paid semiannually in arrears on June 1 and December 1, beginning December 1, 2026, with closing expected on May 29, 2026.
  • Encompass Health is the largest owner and operator of inpatient rehabilitation hospitals in the United States, maintaining 175 hospitals across 39 states and Puerto Rico.
  • The Notes will be offered only to qualified institutional buyers under Rule 144A of the Securities Act of 1933, with guarantees from subsidiaries that guarantee the Company's credit agreement borrowings.
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The Kane RepublicanThe Kane Republican
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Encompass Health announces pricing of $500 million of senior notes due 2034 in a private offering

BIRMINGHAM, Ala., May 14, 2026 /PRNewswire/ -- Encompass Health Corp. (NYSE: EHC) today announced the pricing of a private offering of $500 million in aggregate principal amount of 5.875% senior notes due 2034 (the "Notes") at a price of 100%…

·Kane, United States
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PR Newswire broke the news in United States on Thursday, May 14, 2026.
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