05:04 PM EDT, 05/20/2025 (MT Newswires) -- DaVita ( DVA ) said Tuesday it priced a $1 billion private offering of 6.75% senior notes due 2033.

The amount of the notes was increased to $1 billion from $750 million, the company said, adding the notes were priced at 100% of their face amount to yield a 6.75% coupon.

The offering is expected to close Friday.

Net proceeds will be used to repay outstanding debt and related costs, and any remaining proceeds for general corporate purposes, the company said.