Tenet Reports Strong Fourth Quarter and FY 2021 Results; Announces Plan to Retire $700 Million of Debt; Provides Detailed 2022 Financial Outlook

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Go back to Tenet Reports Strong Fourth Quarter and FY 2021 Results; Announces Plan to Retire $700 Million of Debt; Provides Detailed 2022 Financial Outlook

Tenet Healthcare (THC) Tops Q4 EPS, To Retire $700M in Debt

February 7, 2022 4:12 PM EST

Tenet Healthcare (NYSE: THC) reported Q4 EPS of $2.70, $1.17 better than the analyst estimate of $1.53.

In the quarter ending March 31, 2022 (Q122), the Company plans to retire $700 million aggregate principal amount of its 7.50 percent senior secured notes due in 2025 using available cash on hand. In... More