HCA Holdings is planning to extend the maturity on some of its term loans after the completion of its IPO, Bloomberg reports. The due date of A term loan, which is currently November 2012, can be extended into a new A term loan that will mature in May 2016 or into a new term loan B3. The loan had $1.618 billion outstanding as of December 31. Lenders in term loan B1, which had $3.525 billion outstanding and will expire in November 2013, can extend the due date into the new term debt B3 that will mature in May 2018. The lead arrangers of the transaction are Bank of America, Citigroup and JPMorgan Chase.
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