Community Health Systems in Preliminary Discussions
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Apollo Said to Eye Community Health Systems (CYH) Assets - Reuters
September 20, 2016 6:49 AM EDTApollo Global is one of the private equity firms in talks to acquire assets of Community Health Systems (NYSE: CYH), according to Reuters, citing people familiar. Some real estate investment trusts have also shown an interest the company's assets.
Community Health Systems (CYH) Ratings Placed on Watch Evolving by Fitch
September 19, 2016 2:31 PM EDTFitch Ratings has placed the ratings of Community Health Systems, Inc. (NYSE: CYH), including the 'B' Issuer Default Rating (IDR), on Rating Watch Evolving. The ratings apply to $15.6 billion of debt outstanding at June 30, 2016. A full list of rating actions follows at the end of this release.
KEY RATING DRIVERS
Strategic Review Announced: CHS announced that the company has retained advisors to conduct a strategic review of its business. The Evolving Watch reflects uncertainty as to the credit profile implications of the outcome of the review. At this time, there are... More
