Kindred Healthcare $1.35 billion notes issue

Overview:

• Kindred Healthcare has issued $1.35 billion in notes.
• The notes consist of $750,000 of senior notes due 2020, and $600,000 of senior notes due 2023.
• The money raised will be used to finance Kindred's acquisition of Gentiva Health Services.
• Cahill Gordon & Reindel (Adam Dworkin) advised the consortium of bookrunning managers.

Kurt Stumpo - Journalist - North America and the Caribbean