Universal Health Services to redeem all convertible debentures due 2020

By Jennifer Chiou

New York, May 23 - Universal Health Services, Inc. announced the redemption of its $586.956 million of convertible debentures due June 23, 2020.

The company said it will pay $543.41 per bond plus accrued interest on June 23.

J.P. Morgan Trust Co., NA is the trustee (800 275-2048).

King of Prussia, Pa.-based Universal Health Services, Inc. operates acute care and behavioral health hospitals, ambulatory surgery and radiation centers.

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