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Trent Tillman  

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  • Private Equity IPOs Keep Flowing: HCA Holdings's $3.5B Offering Expected This Week [View article]
    The total price paid in '06 was about $33B, but that can be broken down to approx $21.3B and $11.7B of assumed debt. At the midpoint of the range, the pro forma Equity Value will be approx $40.25B, representing about $14.7B in Market Cap and $26B in debt. the cash put up to buy the company was only about $5.3B with the remainder coming from loans from Banks such as BofA, JPMorgan and Citi. The new owners have also been paid over $4B in dividends in 2010 and will receive a special divident of about $2B from this offering.
    Mar 9, 2011. 04:26 PM | Likes Like |Link to Comment
  • Private Equity IPOs Keep Flowing: HCA Holdings's $3.5B Offering Expected This Week [View article]
    Thanks for the insights Carlin.
    Mar 9, 2011. 12:43 PM | Likes Like |Link to Comment
  • Private Equity IPOs Keep Flowing: HCA Holdings's $3.5B Offering Expected This Week [View article]
    At least with the strong indicated demand on this offering, the pricing will most likely be in the high end to above the indicated price range. While most of the health-care related IPOs this year that have been able to get done have had to price either at the low end of the range or well below the indicated range. I agree that a healthy HCA offering will bode well for the entire health care related offerings in 2011. Thanks for the comment and link!
    Mar 7, 2011. 11:05 PM | Likes Like |Link to Comment
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