Published in Hospital and Nursing Home Week, September 8th, 2005
In addition, the company granted the initial purchasers an option to purchase up to an additional $25 million in aggregate principal amount of the debentures solely to cover overallotments.
The debentures will bear regular interest at the annual rate of 3.25%. The debentures may be converted, under certain circumstances, into a combination of cash and common stock of the company. The conversion rate initially will be approximately 16.3345 shares of common stock per $1,000 principal amount of...
Want to see the full article?
Welcome to NewsRx!
Learn more about a six-week, no-risk free trial of Hospital and Nursing Home Week
NewsRx also is available at LexisNexis, Gale, ProQuest, Factiva, Dialog, Thomson Reuters, NewsEdge, and Dow Jones.