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Published on 9/14/2010 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Hospira intends to redeem all $500 million of its 5.55% notes due 2012

By Devika Patel

Knoxville, Tenn., Sept. 14 - Hospira Inc. said it will redeem all $500 million of its 5.55% notes due March 30, 2012 on Oct. 15.

The notes will be redeemed at par plus the sum of the remaining scheduled payments on the notes, discounted to the redemption date.

Union Bank, NA is the trustee.

The specialty pharmaceutical and medication delivery company is based in Lake Forest, Ill.


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