Finance

Historic LifePoint Hospitals to redeem notes

Published in Nursing Home and Elder Business Week, June 19th, 2005

LifePoint Hospitals, Inc., (LPNT) announced that its wholly owned subsidiary, Historic 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 redemptions in cash from cash on hand, borrowing under the existing revolving credit facility or new financing.

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Source: Nursing Home and Elder Business Week (2005-06-19)

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