Pediatric Services calls 10% notes

By Angela McDaniels

Seattle, Nov. 30 - Pediatric Services of America Inc. said it will redeem its 10% senior subordinated notes due 2008.

The redemption date has been set for Dec. 30.

Noteholders will receive $1,016.67 in cash per $1,000 principal amount of notes, plus accrued interest up to but excluding the date of redemption.

Of the original $75 million principal amount, $20.3 million remains outstanding, the company said.

Pediatric Services is based in Norcross, Ga. and provides comprehensive pediatric home health care services, including pediatric private duty nursing, pediatric day treatment centers and respiratory therapy equipment.

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