Why are HCA's 2009 statements available?
It says "unaudited" on there. I'm sure there is probably a very basic reason for this published info, even though they were taken private, but I just don't know what that reason is. Was it financed with a public bond offering, which requires some level of financial reporting to the public in the meantime? (just a guess)
thanks for the immature response, douche. I already said, " I'm sure there is probably a very basic reason for this "
Oh ok, well I knew about the IPO plans, but some of these filings and unaudited statements seem to be from before any talk of an IPO.
HCA has something like $25 billion worth of bank loans, senior notes and subordinated notes outstanding. While bank loans (revolver, TL-A, TL-B) doesn't usually require disclosure, senior notes are often publicly traded instruments -- therefore, it requires disclosure just as common stock does. Only thing is, the credit markets are a lot less visible for the layman than the equity markets as all credit instruments are traded OTC.
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