Omnicare's Series A and Series B Trust PIERS to Accrue Contingent Interest
(Thomson Reuters ONE) -
CINCINNATI, October 18, 2013 - Omnicare, Inc. (NYSE: OCR) announced today that
for the period from September 15, 2013 to December 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 September 12, 2013, in addition
to the continued accrual of regular cash interest. Contingent cash interest,
which Omnicare has determined to be approximately $0.085 per $50 stated
liquidation amount of Trust PIERS, will be payable to holders of the Trust PIERS
as of the record date, which is December 13, 2013. The payment of contingent
cash interest is expected to be made on December 16, 2013.
About Omnicare
Omnicare, Inc., a Fortune 500 company based in Cincinnati, Ohio, provides
comprehensive pharmaceutical services to patients and providers across the
United States. 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 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#1736439]
Unternehmensinformation / Kurzprofil:
Datum: 18.10.2013 - 22:30 Uhr
Sprache: Deutsch
News-ID 307289
Anzahl Zeichen: 2421
contact information:
Town:
Covington, KY
Kategorie:
Business News
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