Allscripts-Misys begins change-of-control offer for 3.5% convertibles

By Susanna Moon

Chicago, Nov. 7 - Allscripts-Misys Healthcare Solutions, Inc. announced Friday an offer to purchase all of its 3.5% convertible senior debentures due 2024.

The tender will expire at 5 p.m. ET on Dec. 9.

The company said it will pay par plus accrued interest and accrued liquidated damages.

Allscripts is offering to repurchase the convertibles following a change of control on Oct. 10 as a result of the acquisition of Allscripts Healthcare Solutions, Inc. by Misys plc. A subsidiary of Misys bought 18,857,142 Allscripts common shares for $330 million in cash.

Bank of America, NA is the paying agent.

The Chicago-based issuer was formerly named Allscripts Healthcare Solutions, Inc.

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