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Prospect News home > News index > List of issuers T > Headlines for Tenders 2011 > News item |
Omnicare to redeem $250 million 6 7/8% notes due 2015 at 103.438
By Toni Weeks
San Diego, Aug. 5 - Omnicare, Inc. has issued a call to redeem $250 million of its 6 7/8% senior subordinated notes due Dec. 15, 2015, according to an announcement.
The notes will be redeemed on Sept. 6 at a redemption price of 103.438 plus accrued interest of $15.46875 per note for a total redemption price of $1,049.84875 per $1,000 principal amount of notes.
Following the redemption, $275 million of the notes will remain outstanding.
The paying agent is U.S. Bank NA (651 973-5800).
Omnicare is a Covington, Ky.-based pharmaceutical services company.
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