Omnicare's Series A and Series B Trust PIERS to Accrue Contingent Interest
(Thomson Reuters ONE) -
CINCINNATI, July 10, 2013 - Omnicare, Inc. (NYSE: OCR) announced today that for
the period from June 15, 2013 to September 14, 2013 its Series A and Series B
Trust Preferred Income Equity Redeemable Securities (NYSE: OCR.PRA and OCR.PRB)
(the "Trust PIERS") will, subject to the terms of the Trust PIERS, accrue
contingent interest at a rate of 0.125% of the average trading price of the
Trust PIERS for the five trading days ended June 13, 2013, in addition to the
continued accrual of regular cash interest. Contingent cash interest, which
Omnicare has determined to be approximately $0.07 per $50 stated liquidation
amount of Trust PIERS, will be payable to holders of the Trust PIERS as of the
record date, which is September 13, 2013. The payment of contingent cash
interest is expected to be made on September 16, 2013.
About Omnicare
Omnicare, Inc., a Fortune 500 company based in Cincinnati, Ohio, provides
comprehensive pharmaceutical services to patients and providers across North
America. As the market-leader in professional pharmacy, related consulting and
data management services for skilled nursing, assisted living and other chronic
care institutions, Omnicare leverages its unparalleled clinical insight into the
geriatric market along with some of the industry's most innovative technological
capabilities to the benefit of its long-term care customers. Omnicare also
provides key commercialization services for the bio-pharmaceutical industry and
end-of-life disease management through its Specialty Care Group. For more
information, visit www.omnicare.com.
# # #
Contact:
Patrick C. Lee
(513) 719-1507
patrick.lee(at)omnicare.com
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Omnicare via Thomson Reuters ONE
[HUG#1715556]
Unternehmensinformation / Kurzprofil:
Datum: 10.07.2013 - 15:15 Uhr
Sprache: Deutsch
News-ID 277171
Anzahl Zeichen: 2440
contact information:
Town:
Covington, KY
Kategorie:
Business News
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