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Published on 6/10/2004 in the Prospect News Convertibles Daily and Prospect News High Yield Daily.

QuadraMed to buy back notes, debentures with convertible proceeds

Pittsburgh, June 10 - QuadraMed Corp. plans to use proceeds from the sale of up to $94 million of its convertible preferred stock to buy back its 10% senior secured notes due 2008 and 5.25% convertible debentures due 2005, according to a news release.

QuadraMed is a Reston, Va.-based provider of healthcare information technology and services.


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