E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/4/2011 in the Prospect News Convertibles Daily.

LabCorp's 0% convertible notes due 2021 are convertible to June 30

By Marisa Wong

Madison, Wis., April 4 - Laboratory Corp. of America Holdings announced that its zero-coupon convertible subordinated notes due 2021 are convertible until 5 p.m. ET on June 30.

The company said it will pay cash for the accreted principal amount and stock for the remaining amount, if any.

The Bank of New York Mellon is the trustee and conversion agent.

Burlington, N.C.-based LabCorp develops diagnostic technologies through genomic testing.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.