...February 21, 2025 NEW YORK (S&P Global Ratings) Feb. 21 --S&P Global Ratings today assigned its `###-` issue- level rating to Nashville, Tenn.-based HCA Inc.'s new $8 billion unsecured revolving credit facility. This is now the company's only credit facility, having replaced its asset-based lending (ABL) facility, and secured cash flow revolving credit facility. Our issuer credit rating on parent, HCA Healthcare Inc. reflects its substantial scale (projected revenue of nearly $75 billion in 2025), diversified business mix, and strong local market positions. HCA's strong profitability with EBITDA margin of about 19% distinguishes it from its peer group of health care providers. HCA's size and scale allow it to continue to allocate capital and capitalize on business opportunities to pursue local market strength without hurting its credit profile, while maintaining its competitive advantage....
