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Published on 8/16/2012 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Biomet calls all $227.28 million 10 3/8%/11 1/8% notes due 2017

By Tali David

Minneapolis, Aug. 16 - Biomet, Inc. is exercising its option to redeem all $227,279,000 of its remaining 10 3/8%/11 1/8% senior toggle notes due 2017, according to a notice.

The notes will be redeemed at par plus accrued interest and applicable premium on Sept. 7.

Wells Fargo Bank, NA is the paying agent.

Biomet is a Warsaw, Ind.-based designer, manufacturer and marketer of products used primarily by musculoskeletal medical specialists in both surgical and non-surgical therapy.


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