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Article: Historic LifePoint Hospitals, Inc. to Redeem All of Its $221.0 Million Outstanding 4 1/2% Convertible Subordinated Notes.
- Article from:
- Business Wire
- Article date:
- May 16, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BRENTWOOD, Tenn. -- LifePoint Hospitals, Inc. ("LifePoint Hospitals") (NASDAQ: LPNT) today announced that its wholly owned subsidiary, Historic LifePoint Hospitals, Inc. ("Historic LifePoint"), formerly known as LifePoint Hospitals, Inc., has called for redemption of all the $221,000,000 outstanding principal amount of its 4 1/2% Convertible Subordinated Notes due 2009, at a redemption price of 102.571% of the principal amount, plus accrued and unpaid interest to, but excluding, the redemption date, which is June 15, 2005. Notice of redemption of the notes is being mailed to all holders of record on May 16, 2005.
Historic LifePoint intends to settle all ...
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