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UNIVERSAL HEALTH SERVICES, INC. (OTCMKTS:UHID) Files An 8-K Termination of a Material Definitive Agreement

UNIVERSAL HEALTH SERVICES, INC. (OTCMKTS:UHID) Files An 8-K Termination of a Material Definitive AgreementItem 1.02

Termination of a Material Definitive Agreement.

On November 26, 2018 (the “Redemption Date”), Universal Health Services, Inc. (the “Company”) redeemed the entire $300 million aggregate principal amount of its 3.75% Senior Secured Notes due 2019 (the “2019 Notes”) issued and outstanding, at a cash redemption price equal to the to the sum of the greater of (x) the sum of (A) 50% of the aggregate principal amount of the 2019 Notes to be redeemed, and (B) accrued and unpaid interest, if any on the 2019 Notes to the Redemption Date and (y) the sum of (A) the present value of the remaining scheduled payments of principal of and interest on the 2019 Notes (excluding accrued and unpaid interest to the Redemption Date and subject to the right of the holders of record of the 2019 Notes on the relevant Record Date (as defined in the Indenture) to receive interest due on the relevant Interest Payment Date (as defined in the Indenture)) discounted from their Stated Maturity (as defined in the Indenture) date to the Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using a discount rate equal to the Treasury Rate (as defined in the Indenture), plus 50 basis points, and (B) accrued and unpaid interest, if any on the 2019 Notes to the Redemption Date. The 2019 Notes were redeemed for an aggregate price equal to 100.485% of the principal amount plus accrued interest to the redemption date. The 2019 Notes were issued under the Indenture (the “Indenture”), dated as of August 7, 2014, among the Company, the subsidiary guarantors party thereto, MUFG Union Bank, N.A., as trustee, and JPMorgan Chase Bank, N.A., as collateral agent.

About UNIVERSAL HEALTH SERVICES, INC. (OTCMKTS:UHID)
Universal Health Services, Inc. is a holding company. The Company, through its subsidiaries, is engaged in owning and operating acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers and radiation oncology centers. Its segment is acute care hospital services and behavioral healthcare services. The Other segment includes centralized services, including information services, purchasing, reimbursement, accounting, taxation, legal, advertising, design and construction and patient accounting, as well as the operating results for its other entities, including outpatient surgery and radiation centers. Its services include general and specialty surgery, internal medicine, obstetrics, radiology, oncology, diagnostic care, coronary care, pediatric services and pharmacy. It operates over 20 inpatient acute care hospitals, over three free-standing emergency departments, and over 210 inpatient and over 20 outpatient behavioral healthcare facilities.

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