Encompass Health (NYSE: EHC) issues $500M 2034 notes to refinance debt

Encompass Health, one of the largest operators of inpatient rehabilitation facilities in the United States, has issued $500 million in senior notes due 2034 as part of a debt refinancing strategy. The move is a corporate finance transaction rather than a clinical or regulatory development, but it signals continued capital investment in a major provider of post-acute rehabilitative care. Encompass Health's rehabilitation hospitals employ large numbers of physical therapists and serve patients recovering from stroke, orthopedic surgery, and other conditions.

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