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Encompass Health issues notice for partial redemption of its 4.500% senior notes due 2028
The company said the redemption covers half of the notes outstanding and will create an estimated $3.2 million loss in the second quarter of 2026.
- On Thursday, Encompass Health Corp. issued notice for redemption of $400 million of its 4.500% senior notes due 2028, reducing the company's $800 million in outstanding 2028 Notes.
- Computershare Trust Company, National Association, serving as trustee, delivered the redemption notice to registered holders detailing the terms and redemption procedures for the 2028 Notes.
- The redemption price is 100.0% of par, plus accrued and unpaid interest through June 13, 2026, with actual payment occurring June 15, 2026, since the scheduled date falls on a weekend.
- Encompass Health expects to record an approximate $3.2 million loss on early debt extinguishment in the second quarter of 2026 as a result of the redemption.
- Newsweek and Statista recognize the firm as America's "Most Awarded Leader in Inpatient Rehabilitation," while it ranks among Fortune's "World's Most Admired Companies" and Forbes' "America's Best Companies.
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Charleston Gazette-Mail+13 Reposted by 13 other sources
Encompass Health issues notice for partial redemption of its 4.500% senior notes due 2028
BIRMINGHAM, Ala., May 14, 2026 /PRNewswire/ -- Encompass Health Corp. (NYSE: EHC) today issued notice for redemption of $400 million of the outstanding principal balance of its 4.500% senior notes due 2028 (the "2028 Notes"). The redemption price will be…
·Charleston, United States
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