Community Health Systems, Inc. (NYSE: CYH), announced today that its wholly-owned subsidiary, CHS/Community Health Systems, Inc., intends to offer $3.365 billion aggregate principal amount of senior notes. The notes will be issued in three series: floating rate senior notes due 2015, senior notes due 2015 and senior notes due 2017. The notes will be senior obligations of the issuer and will be guaranteed on a senior basis by the company and by certain of the issuer’s and the company’s domestic subsidiaries.

CHS will use the net proceeds of the offering, together with other funds, to complete the acquisition of Triad Hospitals, Inc. The acquisition is expected to close in the third quarter of 2007, subject to certain closing conditions that include regulatory and other approvals.

The notes will be offered in the United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and outside the United States pursuant to Regulation S under the Securities Act. The notes have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.

Located in the Nashville, TN, suburb of Franklin, Community Health Systems, Inc. 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 80 hospitals in 23 states.


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