Merge Healthcare to sell $200 million notes for Amicas acquisition

By Paul A. Harris

St. Louis, March 8 - Merge Healthcare Inc. is expected to bring a $200 million offering of high-yield notes to market during mid-to-late March, according to market sources.

The proceeds will be used to take out a $200 million bridge loan put in place to help fund the proposed $248 million acquisition bid for Amicas Inc.

Morgan Stanley provided the bridge financing.

The acquisition financing will also include $40 million of private equity.

Amicas is a Boston-based medical imaging company.

Merge Healthcare is a Milwaukee-based medical software developer.

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