...October 27, 2025 NEW YORK (S&P Global Ratings) Oct. 27, 2025--S&P Global Ratings today assigned its '###-' issue-level rating to Nashville, Tenn.-based HCA Inc.'s proposed senior notes, which it is issuing in several tranches. The company plans to use the proceeds from these notes for general corporate purposes, which may include repaying the outstanding borrowings under its commercial paper program and redeeming all or a portion of the $1.5 million of outstanding principal on its existing 5.875% senior notes due 2026. Our issuer credit rating on parent HCA Healthcare Inc. reflects its substantial scale (with projected revenue of about $76 billion in 2025), diverse business mix, and good market presence, which favorably distinguish it from its industry peers. HCA's size and scale have enabled it to continue to invest in its business, capitalize on opportunities to pursue local market strength as the industry becomes more demanding without hurting its credit profile, and maintain its competitive...
