PHILADELPHIA, Feb 18 (Reuters) - Hospital chain HCA Inc expects its shares to price in the range of $27 to $30 in its initial public offering, according to a report by Bloomberg.
HCA is expected to begin its roadshow to start marketing the shares next week, Bloomberg reported.
Bain Capital and KKR and Co LP, among the owners of HCA, declined to comment.
The company, which filed last May to raise up to $4.6 billion in an IPO, had been weighing a February road show and March trading debut, a source previously told Reuters.
The Wall Street Journal said HCA is expected to price on March 9.
HCA, which operates more than 160 hospitals in the United States and England, was taken private in November 2006 in a $21 billion deal that included Bain, KKR, Bank of America Corp , Citigroup Inc and HCA's founder.
Since May, HCA has paid more than $4 billion in dividends to its owners, removing some of the immediate financial pressure for an IPO.
(Reporting by Jessica Hall; Editing by Richard Chang)
(For more M&A news and our DealZone blog, go to http://www.reuters.com/investing/news/mergers) Keywords: HCA/ (jessica.hall@thomsonreuters.com; 215-922-1086; Reuters Messaging: jessica.hall.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
HCA is expected to begin its roadshow to start marketing the shares next week, Bloomberg reported.
Bain Capital and KKR and Co LP, among the owners of HCA, declined to comment.
The company, which filed last May to raise up to $4.6 billion in an IPO, had been weighing a February road show and March trading debut, a source previously told Reuters.
The Wall Street Journal said HCA is expected to price on March 9.
HCA, which operates more than 160 hospitals in the United States and England, was taken private in November 2006 in a $21 billion deal that included Bain, KKR, Bank of America Corp , Citigroup Inc and HCA's founder.
Since May, HCA has paid more than $4 billion in dividends to its owners, removing some of the immediate financial pressure for an IPO.
(Reporting by Jessica Hall; Editing by Richard Chang)
(For more M&A news and our DealZone blog, go to http://www.reuters.com/investing/news/mergers) Keywords: HCA/ (jessica.hall@thomsonreuters.com; 215-922-1086; Reuters Messaging: jessica.hall.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.