DaVita closes $1.0 billion 6.750% senior notes offering due 2033
DaVita completed a $1.0 billion private offering of 6.750% senior notes due July 15, 2033, with net proceeds of approximately $986 million. The company plans to use $830 million to repay revolving credit facility borrowings, with the remainder for general corporate purposes, including stock repurchases, working capital and capital expenditures.
Key points
- Offering size: $1.0 billion aggregate principal of 6.750% Senior Notes due 2033, closed May 23, 2025
- Approximately $986 million in net proceeds after initial purchasers' discount and fees
- $830 million of proceeds earmarked to repay outstanding revolving credit facility borrowings
- Notes are unsecured, rank equally with other senior debt, and are not listed on any securities exchange
The filing
Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 23, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.