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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
November 16, 2006
Date of Report (date of earliest event reported)
Date of Report (date of earliest event reported)
COMMUNITY HEALTH SYSTEMS, INC.
(Exact name of Registrant as specified in charter)
| Delaware | 001-15925 | 13-3893191 | ||
| (State or other jurisdiction | (Commission File Number) | (I.R.S. Employer | ||
| of incorporation) | Identification No.) |
7100 Commerce Way, Suite 100
Brentwood, Tennessee 37027
(Address of principal executive offices)
Registrant’s telephone number, including area code: (615) 465-7000
Brentwood, Tennessee 37027
(Address of principal executive offices)
Registrant’s telephone number, including area code: (615) 465-7000
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 (see General
Instruction A.2. below):
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))
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| ITEM 8.01 Other Events | ||||||||
| ITEM 9.01 Financial Statements and Exhibits | ||||||||
| SIGNATURES | ||||||||
| Index to Exhibits | ||||||||
| Ex-99.1 Press Release dated November 16, 2006 | ||||||||
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The information contained in this Form 8-K (including the exhibits hereto) shall not be
deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the
“Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as
amended (the “Securities Act”), or the Exchange Act, except as shall be expressly set forth by
specific reference in any such filing.
ITEM 8.01 Other Events
On November 16, 2006, Community Health Systems, Inc. (“the Company”) announced plans to
explore syndicating a new incremental Term Loan of approximately $300 million and to explore
various amendments to its existing credit agreement. The Company offers no assurances that it will
proceed with this proposed financing or as to its terms. A copy of the press release making this
announcement is attached as Exhibit 99.1 to this Form 8-K.
ITEM 9.01 Financial Statements and Exhibits
Exhibits
The following exhibit is furnished herewith:
99.1 Community Health Systems, Inc. Press Release dated November 16, 2006.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this Report to be signed on its behalf by the undersigned thereunto duly authorized.
| Date: November 16, 2006 | COMMUNITY HEALTH SYSTEMS, INC. (Registrant) |
|||
| By: | /s/ Wayne T. Smith | |||
| Wayne T. Smith | ||||
| Chairman of the Board, President and Chief Executive Officer (principal executive officer) |
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| By: | /s/ W. Larry Cash | |||
| W. Larry Cash | ||||
| Executive Vice President, Chief Financial Officer and Director (principal financial officer) |
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Exhibit Number
99.1
99.1
Investor Contact:
|
W. Larry Cash | |
| Executive Vice President | ||
| and Chief Financial Officer | ||
| (615) 465-7000 |
COMMUNITY HEALTH SYSTEMS, INC. TO EXPLORE ADDITIONAL FINANCING
BRENTWOOD, TN (November 16, 2006) — Community Health Systems, Inc. (NYSE:CYH) (“CHS” or the
“Company”), the leading operator of general acute care hospitals in non-urban communities
throughout the country, has announced plans to explore syndicating a new Incremental Term Loan of
approximately USD300m. The existing credit agreement of our subsidiary, CHS/Community Health
Systems, Inc., allows for this Incremental Term Loan. CHS would use the proceeds to repay
borrowings under its existing revolving credit facility and for general corporate purposes.
Furthermore, CHS will explore various amendments to its existing credit agreement. The Company
offers no assurances that it will proceed with this proposed financing or as to its terms.
About Community Health Systems, Inc.
Located in Brentwood, Tennessee, suburb of Nashville, Community Health Systems is a leading
operator of general acute care hospitals in non-urban communities throughout the country. Through
its subsidiaries, the Company currently owns, leases or operates 77 hospitals in 22 states. Its
hospitals offer a broad range of inpatient and outpatient medical and surgical services. Shares in
Community Health Systems, Inc. are traded on the New York Stock Exchange under the symbol “CYH.”
Statements contained in this news release regarding the potential incremental term loans are
forward-looking statements that involve risks and uncertainties, including particularly the ability
to consummate this transaction and its pricing and other terms. Actual future events or results
may differ materially from these statements. Readers are referred to the documents filed by CHS
with the Securities and Exchange Commission, including its annual report on Form 10-K and current
reports on Forms 8-K and 10-Q. These filings identify important risk factors and other
uncertainties that could cause actual events or results to differ from those contained in the
forward-looking statements. These and other applicable risks are summarized under the caption
“risk factors” in the Company’s Securities and Exchange Commission filings. The Company undertakes
no obligation to revise or update any forward-looking statements, or to make any other
forward-looking statements, whether as a result of new information, future events or otherwise.
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