Owens & Minor to fund redemption of 2016 notes via notes offering

By Tali Rackner

Norfolk, Va., Sept. 11 – Owens & Minor, Inc. plans to fund the redemption of all of its outstanding 2016 notes with the proceeds from a new notes offering, according to a 424B2 filing with the Securities and Exchange Commission

Proceeds will also be used for other general corporate purposes, which may include repayment of debt, additions to working capital, capital expenditures, investments in the company’s subsidiaries, possible acquisitions and the repurchase, redemption or retirement of securities, including shares of its common stock.

Owens & Minor is a Mechanicsville, Va.-based provider of distribution, third-party logistics and other supply-chain management services to health care providers and suppliers of medical and surgical products.

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