UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date
of Report (Date of earliest event reported): June 22, 2009 (June 18, 2009)
HCA INC.
(Exact Name of Registrant as Specified in Charter)
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Delaware
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001-11239
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75-2497104 |
(State or Other
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(Commission File Number)
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(I.R.S. Employer |
Jurisdiction
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Identification No.) |
of Incorporation) |
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One Park Plaza, |
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Nashville, Tennessee
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37203 |
(Address of Principal Executive
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(Zip Code) |
Offices) |
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Registrants telephone number, including area code: (615) 344-9551
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Section 1 Registrants Business and Operations
Item 1.01. Entry into a Material Definitive Agreement.
On June 18, 2009, we amended our $13.550 billion and 1.000 billion senior secured cash flow
credit facility, dated as of November 17, 2006, as amended on February 16, 2007, and as further
amended on March 2, 2009 (as amended, the cash flow credit facility), to permit the unlimited
incurrence of new term loans under the cash flow credit facility (refinancing term loans) to
refinance the term loans initially incurred in November 2006 under the cash flow credit facility
(the initial term loans) as well as any previously incurred refinancing term loans (collectively,
with the initial term loans, the then-existing term loans), and to permit the establishment of
commitments under a replacement cash flow revolver under the cash flow credit facility
(replacement revolver) to replace all or a portion of the revolving commitments initially
established in November 2006 under the cash flow credit facility (the initial revolver) as well
as any previously issued replacement revolvers, in each case, subject to the terms described below.
The amendment to the cash flow credit facility further permits the maturity date of any
then-existing term loan to be extended (any such loans so extended, the extended term loans).
As to refinancing term loans, the amendment to the cash flow credit facility provides that:
(1) the proceeds from such refinancing term loans be used to repay in full the initial term loans
before being used to repay any previously issued refinancing term loans; (2) the refinancing term
loans mature later than the latest maturity date of any of the initial term loans; and (3) the
weighted average life to maturity for the refinancing term loans be greater than the remaining
weighted average life to maturity of the tranche B term loan under the cash flow credit facility
measured at the time such refinancing term loans are incurred.
As to replacement revolvers, the amendment to the cash flow credit facility provides that the
terms of such replacement revolver be substantially identical to the commitments being replaced,
other than with respect to maturity and pricing.
As to extended term loans, the amendment to the cash flow credit facility provides that: (1)
any offer to extend must be made to all lenders under the term loan being extended, and, if such
offer is oversubscribed, the extension will be allocated ratably to the lenders according to the
respective amounts then held by the accepting lenders; (2) any term loan or portion thereof
extended shall be a new class of term loans; and (3) extended term loans will not share in
mandatory prepayments resulting from the creation or issuance of refinancing term loans and/or
first lien notes until the initial term loans are repaid in full but will share in other mandatory
prepayments such as those from asset sales.
Any refinancing term loans and any obligations under replacement revolvers will have a pari
passu claim on the collateral securing the initial term loans and the initial revolver.
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