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.
On July 12, Richmond, Virginia-based global healthcare solutions company Owens & Minor announced that Carissa Rollins, chief information officer at Illumina, Inc., has been elected to its board of directors.

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.

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