Community Health Systems Inc.'s Term Loan F Assigned 'BB' Rating (Recovery: '1')

BOSTON (Standard&Poor's) Feb. 27, 2015--Standard&Poor's Ratings Services today assigned its 'BB' rating to Community Health Systems Inc.'s proposed $1.66 billion term loan F. The recovery rating on this debt is '1', indicating our expectation for very high (90% to 100%) recovery for lenders in the event of default. All other ratings on Community, including our 'B+' credit rating, are unaffected by this announcement. The rating on this term loan is the same as the rating on Community's existing term loan E, which it partially refinances. While the transaction has no impact on interest expense, it extends the maturity on this portion of Community's debt to December 2018 from January 2017. Our 'B+' corporate credit rating and

...RELATED CRITERIA AND RESEARCH Related Criteria + Methodology And Assumptions: Liquidity Descriptors For Global Corporate Issuers, Dec. 16, 2014 + Key Credit Factors For The Health Care Services Industry, April 16, 2014 + Group Rating Methodology, Nov. 19, 2013 + General: Corporate Methodology, Nov. 19, 2013 + Management And Governance Credit Factors For Corporate Entities And Insurers, Nov. 13, 2012 + Criteria Guidelines For Recovery Ratings On Global Industrials Issuers' Speculative-Grade Debt, Aug. 10, 2009 RATINGS LIST Community Health Systems Inc. Corporate Credit Rating B+/Stable/-- New Rating Community Health Systems Inc. $1.66 Bil Term Loan F ## Recovery Rating 1 Complete ratings information is available to subscribers of RatingsDirect at www.globalcreditportal.com and at www.spcapitaliq.com. All ratings affected by this rating action can be found on Standard & Poor's public Web site at www.standardandpoors.com. Use the Ratings search box located in the left column....

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