LabCorp's 0% convertible subordinated notes due 2021 are convertible

By Devika Patel

Knoxville, Tenn., July 1 - Laboratory Corp. of America Holdings said its zero-coupon convertible subordinated notes due 2021 are convertible for the quarter until 5 p.m. ET on Sept. 30.

If the zero-coupon convertibles are converted, the company will pay cash for the accreted principal amount and stock for the remaining amount, if any.

The Bank of New York is the trustee and conversion agent.

Burlington, N.C.-based LabCorp develops diagnostic technologies through genomic testing.

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