Universal Hospital Services, Inc. To Offer Senior Secured Notes

Universal Hospital Services, Inc. ("UHS") announced that UHS Merger Sub, Inc., a subsidiary of UHS Holdco, Inc. ("Holdco"), is planning to offer $230 million aggregate principal amount of second lien senior secured floating rate notes due 2015 and $230 million aggregate principal amount of second lien senior secured PIK toggle notes due 2015 as part of the financing that will be used to consummate the acquisition of UHS by Holdco, an affiliate of Bear Stearns Merchant Banking. The issuer of the notes has been formed solely for the purpose of completing the acquisition and, concurrently with the closing of this offering, will be merged with and into UHS which will be the surviving...

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