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Boston Scientific calls entire $1.45 billion of 5.45%, 4.5% notes
By Tali David
Minneapolis, Sept. 11 - Boston Scientific Corp. plans to redeem all $600 million of its 5.45% notes due June 15, 2014 and all $850 million of its 4.5% notes due Jan. 15, 2015, according to two notices.
The 5.45% notes will be redeemed at 105.206 and the 4.5% notes will be redeemed at 103.934 on Sept. 12.
On Aug. 8, the company said it planned to use the proceeds of two note offerings to redeem all or a portion of the 5.45% notes and 4.5% notes.
The Bank of New York Mellon Trust Co., NA is the trustee agent.
Boston Scientific is a medical device maker based in Natick, Mass.
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