Apogent tenders for 6½% notes

New York, May 28 - Apogent Technologies Inc. said it has begun a cash tender offer for all its $250 million principal amount of 6½% of senior subordinated notes due 2013.

The Portsmouth, N.H. laboratory and life sciences products company is also soliciting consents to amend the notes to eliminate substantially all of the restrictive covenants.

Apogent is offering 101.75% of par for holders who tender by the consent deadline of June 11 and 101% of par for holders who tender after that point but before the expiration date of 5 p.m. ET on July 1.

Apogent will also pay accrued interest up to but not including the settlement date.

Goldman, Sachs & Co. is the dealer manager and solicitation agent (800 828-3182). Innisfree M&A Inc. is the information agent (888 750-5834).

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