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LabCorp says 0% notes due 2021 remain convertible through March
By Susanna Moon
Chicago, Jan. 4 – Laboratory Corp. of America Holdings said holders may continue to convert the company’s zero-coupon convertible subordinated notes due 2021 until 5 p.m. ET on March 31.
The notes are convertible into cash and common stock of LabCorp, according to a company notice.
LabCorp’s notes were also convertible in the quarters ended Dec. 31 and Sept. 30.
The Bank of New York Mellon is the trustee and conversion agent.
Burlington, N.C.-based LabCorp develops diagnostic technologies.
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