Omnicare: Interest to accrue on series A, B trust Piers for quarter

By Susanna Moon

Chicago, Sept. 16 – Omnicare, Inc. said its series A and series B 4% trust preferred income equity redeemable securities will accrue contingent interest for the quarter beginning Sept. 15.

Contingent interest will accrue at about $0.15 per $50 liquidation amount of the trust Piers, according to a company press release.

Omnicare is a Cincinnati-based provider of pharmaceutical services.

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