{"success":true,"data":{"pressRelease":{"id":"5706","rtpr_id":"nBw7mS8ca","ticker":"CYH","exchange":"NYSE","all_tickers":["CYH"],"title":"Community Health Systems, Inc. Announces Commencement of Tender Offer for Certain Outstanding Senior Secured Notes","author":"Business Wire","published_at":"2026-04-22T23:10:00.083Z","article_body":"Community Health Systems, Inc. Announces Commencement of Tender Offer for\nCertain Outstanding Senior Secured Notes\n\nCommunity Health Systems, Inc. (the “Company”) (NYSE: CYH) today announced\nthat its wholly-owned subsidiary, CHS/Community Health Systems, Inc. (the\n“Issuer”) has commenced a tender offer (the “Tender Offer”) to\npurchase for cash up to $600,000,000 aggregate purchase price (exclusive of\naccrued and unpaid interest) (as such aggregate purchase price may be\nincreased or decreased by the Issuer, the “Aggregate Maximum Purchase\nAmount”) of its outstanding Notes of the two series listed in the table\nbelow (collectively, the “Notes”); provided that the Issuer will only\naccept for purchase (i) its 4.750% Senior Secured Notes due 2031 having an\naggregate purchase price of up to $350,000,000 (exclusive of accrued and\nunpaid interest) (as such aggregate purchase price for such 2031 Notes may be\nincreased or decreased by the Issuer, the “2031 Tender Cap”) and (ii) its\n10.875% Senior Secured Notes due 2032 having an aggregate purchase price of up\nto $250,000,000 (exclusive of accrued and unpaid interest) (as such aggregate\npurchase price for such 2032 Notes may be increased or decreased by the\nIssuer, the “2032 Tender Cap”). The Tender Offer will be financed by cash\non hand. The Tender Offer is being made pursuant to an Offer to Purchase dated\nApril 22, 2026.\n\nThe table below summarizes certain payment terms for the Tender Offer:\n Title of                                   CUSIP / ISIN                   CUSIP / ISIN                   Principal           Tender            Acceptance      Tender Offer        Early         Total           \n \nNote                                      \n(144A)                        \n(Reg S)                       \nAmount             \nCap              \nPriority       \nConsideration      \nTender       \nConsideration  \n                                                                                                          \nOutstanding                          \nLevel (4)      \n(1)(2)             \nPayment      \n(1)(2)(3)      \n                                                                                                                                                                                    \n(1)                          \n 4.750% Senior Secured Notes due 2031       12543D BK5 / US12543DBK54      U17127 AU2 / USU17127AU25      $1,057,710,000      $350,000,000      1               $900.00             $50.00        $950.00         \n 10.875% Senior Secured Notes due 2032      12543D BN9 / US12543DBN93      U17127 AX6 / USU17127AX63      $1,780,000,000      $250,000,000      2               $1,032.50           $50.00        $1,082.50       \n\n ___________________                                                                \n (1)  Per $1,000 principal amount of Notes accepted for purchase.                   \n (2)  Excludes accrued and unpaid interest, which will be paid in addition to the   \n      Tender Offer Consideration or the Total Consideration, as applicable.         \n (3)  Includes the applicable Early Tender Payment.                                 \n (4)  The Acceptance Priority Level will be applied separately at the Early Tender  \n      Date and at the Expiration Date.                                              \n\n\nThe Tender Offer will expire at 5:00 p.m. New York City time, on May 20, 2026\nunless extended or earlier terminated (such date and time, including as\nextended or earlier terminated, the \"Expiration Date\"). Registered holders\n(each, a \"Holder\" and collectively, the \"Holders\") of the Notes must validly\ntender their Notes at or before 5:00 p.m., New York City time, on May 5, 2026\n(such date and time, including as extended or earlier terminated, the \"Early\nTender Date\") in order to be eligible to receive the Early Tender Payment in\naddition to the Tender Offer Consideration (as defined below).\n\nTenders of the Notes may be withdrawn at any time at or prior to 5:00 p.m.,\nNew York City time, on May 5, 2026, unless extended or earlier terminated (the\n“Withdrawal Deadline”), and not thereafter, except in certain limited\ncircumstances where withdrawal rights are required by applicable law.\n\nThe Notes will be purchased in accordance with the \"Acceptance Priority Level\"\n(in numerical priority order) as set forth in the table above (the \"Acceptance\nPriority Level\"), with Acceptance Priority Level 1 being the higher and\nAcceptance Priority Level 2 being the lower, with possible proration of the\nNotes on the Early Settlement Date (as defined below) or the Final Settlement\nDate (as defined below) determined in accordance with the terms of the Tender\nOffer; provided that notwithstanding the Acceptance Priority Level for the\nNotes, the amount of either series of Notes that will be accepted in the\nTender Offer is limited by the 2031 Tender Cap and the 2032 Tender Cap; and\nprovided further that Notes validly tendered and not validly withdrawn at or\nprior to the Early Tender Date will be accepted for purchase in priority to\nNotes tendered after the Early Tender Date, even if such Notes tendered after\nthe Early Tender Date have a higher Acceptance Priority Level than Notes\ntendered at or prior to the Early Tender Date.\n\nAccordingly, if the aggregate total purchase price payable for the Notes\nvalidly tendered and not validly withdrawn at or prior to the Early Tender\nDate and accepted for purchase equals or exceeds the Aggregate Maximum\nPurchase Amount, then Holders who validly tender Notes after the Early Tender\nDate will not have any such Notes accepted for payment regardless of the\nAcceptance Priority Level of such Notes (unless the terms of the Tender Offer\nare amended by the Issuer in its sole and absolute discretion). If, on the\nEarly Settlement Date or Final Settlement Date, as applicable, only a portion\nof the tendered Notes of a series of Notes may be accepted for purchase, the\naggregate principal amount of such series of Notes accepted for purchase will\nbe prorated based upon the aggregate principal amount of that series of Notes\nthat have been validly tendered and not yet accepted for purchase in the\nTender Offer, such that the Aggregate Maximum Purchase Amount, the 2031 Tender\nCap (with respect to the 4.750% Senior Secured Notes due 2031) and the 2032\nTender Cap (with respect to the 10.875% Senior Secured Notes due 2032) will\nnot be exceeded.\n\nThe Total Consideration includes, in each case, an early tender payment (the\n“Early Tender Payment”) of $50.00 for each $1,000 principal amount of the\nNotes, which Early Tender Payment is in addition to, in each case, the\napplicable Tender Offer Consideration (as defined below).\n\nSubject to purchase in accordance with the Acceptance Priority Levels, the\nAggregate Maximum Purchase Amount, the 2031 Tender Cap, the 2032 Tender Cap\nand possible proration, Holders validly tendering Notes (that have not been\nvalidly withdrawn) at or prior to the Early Tender Date will be eligible to\nreceive the applicable Total Consideration listed in the table above, which\nincludes the Early Tender Payment, on the “Early Settlement Date”, which\nis expected to be May 7, 2026, but that may change without notice. Holders\nvalidly tendering Notes after the Early Tender Date but at or prior to the\nExpiration Date will only be eligible to receive the applicable “Tender\nOffer Consideration” listed in the table on the “Final Settlement Date”.\nThe Final Settlement Date is expected to be the second business day after the\nExpiration Date, which means that the Final Settlement Date is expected to be\nMay 22, 2026, but that may change without notice. In addition to the Total\nConsideration or Tender Offer Consideration, Holders whose Notes are accepted\nfor purchase will also receive accrued and unpaid interest from the last\ninterest payment date to, but not including, the applicable settlement date.\n\nThe obligation of the Issuer to accept for purchase, and to pay for, Notes\nvalidly tendered pursuant to the Tender Offer is subject to, and conditioned\nupon, the satisfaction or waiver of certain conditions as set forth in the\nOffer to Purchase, in the sole and absolute discretion of the Issuer.\n\nNone of the Issuer, the trustee for the Notes, the agents under the respective\nindentures for the Notes, the dealer manager, the information and tender\nagent, any of their respective subsidiaries or affiliates or any of its or\ntheir respective directors, officers, employees or representatives makes any\nrecommendation to Holders as to whether or not to tender all or any portion of\ntheir Notes, and none of the foregoing has authorized any person to make any\nsuch recommendation. Holders must decide whether to tender Notes, and if\ntendering, the amount of Notes to tender.\n\nAll of the Notes are held in book-entry form. If you hold Notes through a\nbroker, dealer, commercial bank, trust company or other nominee, you must\ncontact such broker, dealer, commercial bank, trust company or other nominee\nif you wish to tender Notes pursuant to the Tender Offer. You should check\nwith such broker, dealer, commercial bank, trust company or other nominee to\ndetermine whether they will charge you a fee for tendering Notes on your\nbehalf. You should also confirm with the broker, dealer, bank, trust company\nor other nominee any deadlines by which you must provide your tender\ninstructions, because the relevant deadline set by such nominee may be earlier\nthan the deadlines set forth herein. The Issuer has retained UBS Investment\nBank to serve as dealer manager for the Tender Offer. The Issuer has retained\nGlobal Bondholder Services Corporation to act as the information and tender\nagent in respect of the Tender Offer.\n\nFor additional information regarding the terms of the Tender Offer, please\ncontact UBS Investment Bank at (212) 882-5723 (Collect), (833) 690-0971\n(Toll-Free) or by email at americas-lm@ubs.com (mailto:americas-lm@ubs.com) .\nCopies of the Offer to Purchase may be obtained by contacting Global\nBondholder Services Corporation at (855) 654 2014 or by email at\ncontact@gbsc-usa.com. (mailto:contact@gbsc-usa.com)\n\nThis notice does not constitute or form part of any offer or invitation to\npurchase or sell, or any solicitation of any offer to sell or purchase, the\nNotes or any other securities in the United States or any other jurisdiction,\nand neither this notice nor any part of it, nor the fact of its release, shall\nform the basis of, or be relied on or in connection with, any contract\ntherefor. The Tender Offer is made only by and pursuant to the terms and\nconditions of the Offer to Purchase and the information in this notice is\nqualified by reference to the Offer to Purchase.\n\nThis announcement does not constitute an offer to buy or the solicitation of\nan offer to sell any securities in any jurisdiction or in any circumstances in\nwhich such offer or solicitation is unlawful. In those jurisdictions where the\nsecurities, blue sky or other laws require the Tender Offer to be made by a\nlicensed broker or dealer, the Tender Offer will be deemed to be made by the\ndealer managers or one or more registered brokers or dealers licensed under\nthe laws of such jurisdiction.\n\nForward-Looking Statements\n\nThis press release may include information that could constitute\nforward-looking statements. These statements involve risk and uncertainties.\nThe Company undertakes no obligation to revise or update any forward-looking\nstatements, or to make any other forward-looking statements, whether as a\nresult of new information, future events or otherwise, except as otherwise\nrequired by law.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260422690147/en/\n(https://www.businesswire.com/news/home/20260422690147/en/)\n\nInvestor Contacts: \n\nKevin J. Hammons\n\nChief Executive Officer\n\n(615) 465-7000\n\nor\n\nAnton Hie\n\nVice President – Investor Relations\n\n(615) 465-7012\n\nMedia Contact: \n\nTomi Galin, 615-628-6607\n\nExecutive Vice President, Corporate Communications, Marketing and Public\nAffairs\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw7mS8ca","title":"Community Health Systems, Inc. Announces Commencement of Tender Offer for Certain Outstanding Senior Secured Notes","author":"Business Wire","ticker":"CYH","created":"2026-04-22T23:10:00.083Z","tickers":["CYH"],"exchange":"NYSE","article_body":"Community Health Systems, Inc. Announces Commencement of Tender Offer for\nCertain Outstanding Senior Secured Notes\n\nCommunity Health Systems, Inc. (the “Company”) (NYSE: CYH) today announced\nthat its wholly-owned subsidiary, CHS/Community Health Systems, Inc. (the\n“Issuer”) has commenced a tender offer (the “Tender Offer”) to\npurchase for cash up to $600,000,000 aggregate purchase price (exclusive of\naccrued and unpaid interest) (as such aggregate purchase price may be\nincreased or decreased by the Issuer, the “Aggregate Maximum Purchase\nAmount”) of its outstanding Notes of the two series listed in the table\nbelow (collectively, the “Notes”); provided that the Issuer will only\naccept for purchase (i) its 4.750% Senior Secured Notes due 2031 having an\naggregate purchase price of up to $350,000,000 (exclusive of accrued and\nunpaid interest) (as such aggregate purchase price for such 2031 Notes may be\nincreased or decreased by the Issuer, the “2031 Tender Cap”) and (ii) its\n10.875% Senior Secured Notes due 2032 having an aggregate purchase price of up\nto $250,000,000 (exclusive of accrued and unpaid interest) (as such aggregate\npurchase price for such 2032 Notes may be increased or decreased by the\nIssuer, the “2032 Tender Cap”). The Tender Offer will be financed by cash\non hand. The Tender Offer is being made pursuant to an Offer to Purchase dated\nApril 22, 2026.\n\nThe table below summarizes certain payment terms for the Tender Offer:\n Title of                                   CUSIP / ISIN                   CUSIP / ISIN                   Principal           Tender            Acceptance      Tender Offer        Early         Total           \n \nNote                                      \n(144A)                        \n(Reg S)                       \nAmount             \nCap              \nPriority       \nConsideration      \nTender       \nConsideration  \n                                                                                                          \nOutstanding                          \nLevel (4)      \n(1)(2)             \nPayment      \n(1)(2)(3)      \n                                                                                                                                                                                    \n(1)                          \n 4.750% Senior Secured Notes due 2031       12543D BK5 / US12543DBK54      U17127 AU2 / USU17127AU25      $1,057,710,000      $350,000,000      1               $900.00             $50.00        $950.00         \n 10.875% Senior Secured Notes due 2032      12543D BN9 / US12543DBN93      U17127 AX6 / USU17127AX63      $1,780,000,000      $250,000,000      2               $1,032.50           $50.00        $1,082.50       \n\n ___________________                                                                \n (1)  Per $1,000 principal amount of Notes accepted for purchase.                   \n (2)  Excludes accrued and unpaid interest, which will be paid in addition to the   \n      Tender Offer Consideration or the Total Consideration, as applicable.         \n (3)  Includes the applicable Early Tender Payment.                                 \n (4)  The Acceptance Priority Level will be applied separately at the Early Tender  \n      Date and at the Expiration Date.                                              \n\n\nThe Tender Offer will expire at 5:00 p.m. New York City time, on May 20, 2026\nunless extended or earlier terminated (such date and time, including as\nextended or earlier terminated, the \"Expiration Date\"). Registered holders\n(each, a \"Holder\" and collectively, the \"Holders\") of the Notes must validly\ntender their Notes at or before 5:00 p.m., New York City time, on May 5, 2026\n(such date and time, including as extended or earlier terminated, the \"Early\nTender Date\") in order to be eligible to receive the Early Tender Payment in\naddition to the Tender Offer Consideration (as defined below).\n\nTenders of the Notes may be withdrawn at any time at or prior to 5:00 p.m.,\nNew York City time, on May 5, 2026, unless extended or earlier terminated (the\n“Withdrawal Deadline”), and not thereafter, except in certain limited\ncircumstances where withdrawal rights are required by applicable law.\n\nThe Notes will be purchased in accordance with the \"Acceptance Priority Level\"\n(in numerical priority order) as set forth in the table above (the \"Acceptance\nPriority Level\"), with Acceptance Priority Level 1 being the higher and\nAcceptance Priority Level 2 being the lower, with possible proration of the\nNotes on the Early Settlement Date (as defined below) or the Final Settlement\nDate (as defined below) determined in accordance with the terms of the Tender\nOffer; provided that notwithstanding the Acceptance Priority Level for the\nNotes, the amount of either series of Notes that will be accepted in the\nTender Offer is limited by the 2031 Tender Cap and the 2032 Tender Cap; and\nprovided further that Notes validly tendered and not validly withdrawn at or\nprior to the Early Tender Date will be accepted for purchase in priority to\nNotes tendered after the Early Tender Date, even if such Notes tendered after\nthe Early Tender Date have a higher Acceptance Priority Level than Notes\ntendered at or prior to the Early Tender Date.\n\nAccordingly, if the aggregate total purchase price payable for the Notes\nvalidly tendered and not validly withdrawn at or prior to the Early Tender\nDate and accepted for purchase equals or exceeds the Aggregate Maximum\nPurchase Amount, then Holders who validly tender Notes after the Early Tender\nDate will not have any such Notes accepted for payment regardless of the\nAcceptance Priority Level of such Notes (unless the terms of the Tender Offer\nare amended by the Issuer in its sole and absolute discretion). If, on the\nEarly Settlement Date or Final Settlement Date, as applicable, only a portion\nof the tendered Notes of a series of Notes may be accepted for purchase, the\naggregate principal amount of such series of Notes accepted for purchase will\nbe prorated based upon the aggregate principal amount of that series of Notes\nthat have been validly tendered and not yet accepted for purchase in the\nTender Offer, such that the Aggregate Maximum Purchase Amount, the 2031 Tender\nCap (with respect to the 4.750% Senior Secured Notes due 2031) and the 2032\nTender Cap (with respect to the 10.875% Senior Secured Notes due 2032) will\nnot be exceeded.\n\nThe Total Consideration includes, in each case, an early tender payment (the\n“Early Tender Payment”) of $50.00 for each $1,000 principal amount of the\nNotes, which Early Tender Payment is in addition to, in each case, the\napplicable Tender Offer Consideration (as defined below).\n\nSubject to purchase in accordance with the Acceptance Priority Levels, the\nAggregate Maximum Purchase Amount, the 2031 Tender Cap, the 2032 Tender Cap\nand possible proration, Holders validly tendering Notes (that have not been\nvalidly withdrawn) at or prior to the Early Tender Date will be eligible to\nreceive the applicable Total Consideration listed in the table above, which\nincludes the Early Tender Payment, on the “Early Settlement Date”, which\nis expected to be May 7, 2026, but that may change without notice. Holders\nvalidly tendering Notes after the Early Tender Date but at or prior to the\nExpiration Date will only be eligible to receive the applicable “Tender\nOffer Consideration” listed in the table on the “Final Settlement Date”.\nThe Final Settlement Date is expected to be the second business day after the\nExpiration Date, which means that the Final Settlement Date is expected to be\nMay 22, 2026, but that may change without notice. In addition to the Total\nConsideration or Tender Offer Consideration, Holders whose Notes are accepted\nfor purchase will also receive accrued and unpaid interest from the last\ninterest payment date to, but not including, the applicable settlement date.\n\nThe obligation of the Issuer to accept for purchase, and to pay for, Notes\nvalidly tendered pursuant to the Tender Offer is subject to, and conditioned\nupon, the satisfaction or waiver of certain conditions as set forth in the\nOffer to Purchase, in the sole and absolute discretion of the Issuer.\n\nNone of the Issuer, the trustee for the Notes, the agents under the respective\nindentures for the Notes, the dealer manager, the information and tender\nagent, any of their respective subsidiaries or affiliates or any of its or\ntheir respective directors, officers, employees or representatives makes any\nrecommendation to Holders as to whether or not to tender all or any portion of\ntheir Notes, and none of the foregoing has authorized any person to make any\nsuch recommendation. Holders must decide whether to tender Notes, and if\ntendering, the amount of Notes to tender.\n\nAll of the Notes are held in book-entry form. If you hold Notes through a\nbroker, dealer, commercial bank, trust company or other nominee, you must\ncontact such broker, dealer, commercial bank, trust company or other nominee\nif you wish to tender Notes pursuant to the Tender Offer. You should check\nwith such broker, dealer, commercial bank, trust company or other nominee to\ndetermine whether they will charge you a fee for tendering Notes on your\nbehalf. You should also confirm with the broker, dealer, bank, trust company\nor other nominee any deadlines by which you must provide your tender\ninstructions, because the relevant deadline set by such nominee may be earlier\nthan the deadlines set forth herein. The Issuer has retained UBS Investment\nBank to serve as dealer manager for the Tender Offer. The Issuer has retained\nGlobal Bondholder Services Corporation to act as the information and tender\nagent in respect of the Tender Offer.\n\nFor additional information regarding the terms of the Tender Offer, please\ncontact UBS Investment Bank at (212) 882-5723 (Collect), (833) 690-0971\n(Toll-Free) or by email at americas-lm@ubs.com (mailto:americas-lm@ubs.com) .\nCopies of the Offer to Purchase may be obtained by contacting Global\nBondholder Services Corporation at (855) 654 2014 or by email at\ncontact@gbsc-usa.com. (mailto:contact@gbsc-usa.com)\n\nThis notice does not constitute or form part of any offer or invitation to\npurchase or sell, or any solicitation of any offer to sell or purchase, the\nNotes or any other securities in the United States or any other jurisdiction,\nand neither this notice nor any part of it, nor the fact of its release, shall\nform the basis of, or be relied on or in connection with, any contract\ntherefor. The Tender Offer is made only by and pursuant to the terms and\nconditions of the Offer to Purchase and the information in this notice is\nqualified by reference to the Offer to Purchase.\n\nThis announcement does not constitute an offer to buy or the solicitation of\nan offer to sell any securities in any jurisdiction or in any circumstances in\nwhich such offer or solicitation is unlawful. In those jurisdictions where the\nsecurities, blue sky or other laws require the Tender Offer to be made by a\nlicensed broker or dealer, the Tender Offer will be deemed to be made by the\ndealer managers or one or more registered brokers or dealers licensed under\nthe laws of such jurisdiction.\n\nForward-Looking Statements\n\nThis press release may include information that could constitute\nforward-looking statements. These statements involve risk and uncertainties.\nThe Company undertakes no obligation to revise or update any forward-looking\nstatements, or to make any other forward-looking statements, whether as a\nresult of new information, future events or otherwise, except as otherwise\nrequired by law.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260422690147/en/\n(https://www.businesswire.com/news/home/20260422690147/en/)\n\nInvestor Contacts: \n\nKevin J. Hammons\n\nChief Executive Officer\n\n(615) 465-7000\n\nor\n\nAnton Hie\n\nVice President – Investor Relations\n\n(615) 465-7012\n\nMedia Contact: \n\nTomi Galin, 615-628-6607\n\nExecutive Vice President, Corporate Communications, Marketing and Public\nAffairs\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-04-22T23:10:00.149774624Z","server_sent_at_ms":1776899400149},"received_at":"2026-04-22T23:10:00.253Z","source_url":"https://www.businesswire.com/news/home/20260422690147/en/"},"analysis":null,"durationMs":null,"modelName":null}}