Tenet Healthcare it has priced a private offering of $1.5 billion principal amount of 6.25% senior secured second lien notes due 2027. The company plans to use the net proceeds to fund the redemption of $300 million amount of its 6.75% senior unsecured notes due 2020, $750 million amount of its 7.5% senior secured notes due 2022 and $468 million of 5.5% senior unsecured notes due 2019.