LabCorp says zero-coupon notes now convertible through December

By Marisa Wong

Madison, Wis., Oct. 1 – Laboratory Corp. of America Holdings said that holders may convert their zero-coupon convertible subordinated notes due 2021 until 5 p.m. ET on Dec. 31.

The company will pay cash for the accreted principal amount and stock for any remaining amount.

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

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

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