CNBC: HCA IPO Filing Could Be for $4.5 Billion

NEW YORK (Reuters) – Hospital chain HCA Inc is expected to file for an initial public offering worth between $4 billion and $4.5 billion as soon as mid-May, CNBC reported on Thursday.

The company is currently talking to underwriters. The IPO pricing and debut are expected in mid-July, pending regulatory approval from the U.S. Securities and Exchange Commission, CNBC reported.

Bloomberg on Wednesday said HCA was preparing for an IPO worth about $3 billion.

A source familiar with the situation on Wednesday told Reuters that HCA is planning an IPO in the coming months.

HCA is owned by private equity firms including Kohlberg Kravis Roberts & Co and Bain Capital. The company was bought in a $21 billion leveraged buyout in 2006.

KKR declined comment on Thursday. Representatives of Bain and HCA were not immediately available for comment. (Reporting by Clare Baldwin, editing by Matthew Lewis)