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Published on 9/16/2014 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Owens & Minor calls $200 million 6.35% senior notes due 2016

By Susanna Moon

Chicago, Sept. 16 – Owens & Minor, Inc. said it called its $200 million 6.35% senior notes due 2016.

The company will redeem the notes on Oct. 16, according to a company press release.

The call price will be the greater of par and the sum of the present values of the remaining scheduled payments of principal and interest on the notes, excluding accrued interest to the redemption date, discounted to the redemption date on a semiannual basis assuming a 360-day year consisting of 12 30-day months at the Treasury rate plus 25 basis points, plus accrued interest to the redemption date.

The paying agent is U.S. Bank.

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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