Sun Healthcare files $50 million shelf

By Ted A. Knutson

Washington, March 15 - Sun Healthcare Group Inc. filed a $50 million shelf in an S-3 registration with the Securities and Exchange Commission.

The shelf allows the company to issue debt securities, common and preferred stock, warrants and convertibles.

The Irvine, Calif.-based long-term care facility operator said proceeds from offerings authorized by the shelf will be used for general corporate purposes.

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