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Published on 9/2/2008 in the Prospect News Convertibles Daily.

Apria Healthcare holders put back nearly all 3.375% convertibles

By Angela McDaniels

Tacoma, Wash., Sept. 2 - Apria Healthcare Group Inc. said $249.77 million, or 99.91%, of its 3.375% convertible senior notes due 2033 were put back to the company.

The put option expired at 5 p.m. ET on Friday, according to a company news release.

Following settlement of the repurchase, $228,000 of the notes will remain outstanding.

Apria is a Lake Forest, Calif.-based provider of home respiratory therapy, home infusion therapy and home medical equipment.


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