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Published on 4/4/2016 in the Prospect News Convertibles Daily.

LabCorp’s 0% notes due 2021 can continue to be converted through June

New York, April 4 – Laboratory Corp. of America Holdings said that its zero-coupon convertible subordinated notes due 2021 remain convertible until 5 p.m. ET on June 30.

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 March 31, 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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