Operations
Owens & Minor Upsizes Notes Offering
The company increased the pricing of its private offering from $500 million to $600 million aggregate principal amount of its 6.625% senior notes due 2030.
Richmond, Virginia-based global healthcare products distributor Owens & Minor on Oct. 12 announced several executive leadership team changes, as well as preliminary financial figures for 2022’s third-quarter.
Richmond, Virginia-based global health care solutions company Owens & Minor (NYSE: OMI) announced the upsize and pricing of its private offering of $600 million aggregate principal amount of its 6.625% senior notes due 2030, representing an increase of $100 million aggregate principal amount from the previously announced offering size.
The offering is expected to close March 29, subject to customary closing conditions. The notes will bear interest at the rate of 6.625% per year. The notes will mature on March 31, 2030. The notes were offered at a price of 100% of their principal amount, the company said.
