Tenet Healthcare Corp. announced that it commenced a tender offer to purchase for cash any and all of the $714 million aggregate principal amount outstanding of its 10.0% Senior Secured Notes due 2018 and a solicitation of consents for proposed amendments to the related indenture. The Tender Offer and the Consent Solicitation are being made pursuant to an Offer to Purchase and Consent Solicitation Statement dated as of January 22, 2013, and related consent and letter of transmittal.

The Tender Offer will expire at 12:00 midnight, New York City time, on February 19, 2013. Holders of Notes that are validly tendered prior to the consent payment deadline of 5:00 p.m., New York City time, on February 4, 2013 and accepted for purchase will receive total consideration of $1,164.50 per $1,000 principal amount of Notes validly tendered and accepted for purchase, which includes a consent payment of $30 per $1,000 principal amount of Notes, plus any accrued and unpaid interest up to, but not including, the initial settlement date, which is expected to be February 5, 2013.