Fisher Scientific starts tender for 7 1/8% notes

New York, Oct. 20 - Fisher Scientific International Inc. said it has begun a cash tender offer for all its outstanding 7 1/8% senior notes due 2005.

The Hampton, N.H. supplier to the scientific research, clinical laboratory and safety markets is offering to pay 109.448% of the principal amount of notes validly tendered. It will also pay accrued interest up to but not including the payment date.

As of Oct. 20, Fisher Scientific had $117.6 million principal amount of the notes outstanding.

The tender offer expires at 5.00 p.m. ET on Nov. 14 unless extended.

Deutsche Bank Securities is the dealer-manager (contact Alice J. Poor at 212 250-8995) and MacKenzie Partners, Inc. is the information agent (800 322-2885).

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