Community Health Systems taps Lazard as advisor - report

|About: Community Health Systems... (CYH)|By:, SA News Editor

According to Reorg Research, Community Health Systems (NYSE:CYH) - working to address short-term debt maturities - has retained Lazard as restructuring advisor.

The hospital operator has nearly $5B in paper coming due in 2019 and 2020.

Shares bounced on the news, but have since returned to near session lows, down 2.2%.

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