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BioScrip Extends The Consent Payment Deadline And Expiration Date To July 30 For Its Previously Announced Tender Offer And Consent Solicitation
Date:7/9/2013

ELMSFORD, N.Y., July 9, 2013 /PRNewswire/ -- BioScrip®, Inc. (NASDAQ: BIOS) ("BioScrip") previously announced that it had commenced a cash tender offer (the "Tender Offer") and consent solicitation (the "Consent Solicitation," and together with the Tender Offer, the "Offer") for any and all of its $225 million aggregate principal amount of 10¼% Senior Notes due 2015 (CUSIP No. 09069NAC2) (the "Notes").  The Offer is described in the Offer to Purchase and Consent Solicitation Statement dated June 3, 2013 (the "Offer to Purchase"). 

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BioScrip announced today that it has extended each of the consent payment deadline for the Consent Solicitation, the withdrawal deadline for the Consent Solicitation and the expiration date of the Offer to 5:00 p.m., New York City time, on July 30, 2013, unless further extended by BioScrip in its sole discretion (the "Expiration Date").  The Expiration Date has been extended to align the closing of the Offer with the expected closing of BioScrip's new senior secured term loan and revolving credit facility.  Holders who validly tender their Notes and provide their consents to the proposed amendments to the indenture governing the Notes prior to the Expiration Date will receive $1,056.25 per $1,000 principal amount of the Notes (which amount includes a consent payment of $30.00 per $1,000 principal amount of the Notes), plus any accrued and unpaid interest on the Notes up to, but not including, the payment date for such Notes. 

Except for the extension described above, all other terms and conditions of the Offer remain unchanged.  As of the close of business on July 8, 2013, based on info
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SOURCE BioScrip, Inc.
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