Navigation Links
Hologic Announces Pricing Of Financing In Connection With Acquisition Of Gen-Probe
Date:7/19/2012

BEDFORD, Mass., July 19, 2012 /PRNewswire/ -- Hologic, Inc. (Hologic or the Company) (NASDAQ: HOLX) announced today the pricing of its private placement of $1.0 billion in aggregate principal amount of its 6.25% Senior Notes due 2020 (the "Notes"). The offering is expected to close concurrently with the completion of Hologic's acquisition of Gen-Probe Incorporated (NASDAQ: GPRO). The acquisition is subject to the satisfaction of certain customary closing conditions, including obtaining the approval of Gen-Probe's stockholders. Gen-Probe has scheduled a Special Meeting of Stockholders for July 31, 2012 to vote on the pending acquisition and Hologic expects to close the acquisition on or about August 1, 2012.

Separately, Hologic announced that it has received expected pricing on its anticipated $2.80 billion of Senior Secured Credit Facilities to be obtained in connection with its acquisition of Gen-Probe. Those facilities are anticipated to comprise of the following:

  • $300 million revolving credit facility, initially at LIBOR plus 3.00%, due 2017;
  • $1.0 billion tranche A term loan facility, initially at LIBOR plus 3.00%, due 2017; and
  • $1.50 billion tranche B term loan facility, at LIBOR plus 3.50%, with a LIBOR floor of 1.00%, due 2019.

Hologic also expects to have the right to elect, from time to time, to have all or a portion of the facilities accrue interest at a base rate, to be defined, plus an applicable base rate margin. The margin applicable to the revolving credit facility and the tranche A loan facility is subject to adjustment based on changes in the total net leverage ratio to be specified in the definitive documentation for these facilities. The allocation of the principal amount, interest and the determination of the purchase price of the Senior Secured Credit Facilities are sub
'/>"/>

SOURCE Hologic, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3 4 5

Related medicine technology :

1. The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Gen-Probe Incorporated in Connection with the Sale of the Company to Hologic, Inc.
2. Hologic to Release Third Quarter Fiscal 2012 Operating Results on Monday, July 30, 2012
3. Hologic Breast Tomosynthesis (3D Mammography) System Places First in KLAS Annual Survey of Mammography Equipment Users
4. Hologic, Inc. Announces Note Offering
5. Hologic And Gen-Probe Provide Update On Pending Transaction
6. Hologic and Gen-Probe Announce Clearance from German Federal Cartel Office for Hologics Acquisition of Gen-Probe
7. Hologic Human Papillomavirus (HPV) High-Risk Test Approved for Use in The Netherlands Population Cervical Screening Programme
8. Precision Optics Corporation Announces $1 Million Order for Microprecision™ Based Endoscopes
9. Young Innovations, Inc. Announces Record Sales and EPS for the Quarter Ended March 31, 2012
10. JDRF Announces Research Collaboration with Dexcom, Inc. to Develop "Smart Transmitter" Technology to Accelerate Artificial Pancreas Studies
11. Misonix Announces New Distribution Agreement For Panama
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/30/2015)... 30, 2015  Ardelyx, Inc. (NASDAQ: ARDX ), ... metabolic diseases, today announced that the Company will host ... 8:00 a.m.- 1:00 pm EDT in New ... senior management team will present an overview of the ... has completed Phase 2b clinical trials for the treatment ...
(Date:6/30/2015)... MIRAMAR BEACH, Fla. , June 30, 2015  July ... our country,s declaration of independence, and the spirit and people ... For Heroes Foundation has partnered with USA ... cards, to help increase funding for programs that empower independence ... across the country, and help more people afford their prescriptions. ...
(Date:6/30/2015)... 30, 2015  Egalet Corporation (Nasdaq: ... pharmaceutical company focused on developing, manufacturing and ... results from a Category 3 human abuse ... extended-release, oral oxycodone product candidate in late-stage ... severe enough to require daily, around-the-clock opioid ...
Breaking Medicine Technology:Ardelyx to Host Inaugural R&D Investor Day in New York City on July 14, 2015 2Hope For Heroes and USA Medical Card Make a Difference for Our Nation's Heroes 2Egalet Announces Top-Line Results from Oral Human Abuse Liability Study of Egalet-002 2Egalet Announces Top-Line Results from Oral Human Abuse Liability Study of Egalet-002 3Egalet Announces Top-Line Results from Oral Human Abuse Liability Study of Egalet-002 4Egalet Announces Top-Line Results from Oral Human Abuse Liability Study of Egalet-002 5
... Supply Company (LABSCO), the largest privately held supplier of ... office laboratories, reference labs and other non-acute care settings ... leadership team with the new appointment of George Willett ... Willett,s career has included over 17 years serving as ...
... 29, 2011 Faith Community Hospital recently joined the ranks ... meaningful use of electronic health records, becoming one of only ... July, according to a report from the Health IT Policy ... the National Coordinator for Health Information Technology (ONC-HIT). ...
Cached Medicine Technology:LABSCO Hires George Willett as New Vice President and Chief Financial Officer 2Faith Community Hospital Joins Meaningful Use Trailblazers 2Faith Community Hospital Joins Meaningful Use Trailblazers 3
(Date:6/30/2015)... AZ (PRWEB) , ... June 30, 2015 , ... ... announces that Ellen D. Wagner, Chief Research and Strategy Officer at Predictive Analytics ... Education at the National Science Foundation (NSF), will provide keynote addresses at the ...
(Date:6/30/2015)... ... ... Amerec, a division of TyloHelo Inc, is pleased to announce the sauna and ... the Interior Design Continuing Education Council for 1 credit hour. , The course, ... sauna, steam, and far-infrared saunas are, where they are frequently installed, and design considerations ...
(Date:6/30/2015)... (PRWEB) , ... June 30, 2015 , ... ... challenges that Combat Soldiers face in the aftermath of a near-death experience (NDE) ... of these experiences and providing adequate treatment options – are invited to ...
(Date:6/30/2015)... St. Petersburg, FL (PRWEB) , ... June 30, 2015 , ... Skin Brushing (also known ... is helpful to keep skin optimal and beautiful as it is more exposed to the ... It can:, , Exfoliate the dead cells and toxins on ...
(Date:6/30/2015)... ... June 30, 2015 , ... Some may define success as ... ongoing efforts of New York State Athletic Trainers’ Association (NYSATA) and its members continue ... with two national awards, and a number of members also received honors at the ...
Breaking Medicine News(10 mins):Health News:League for Innovation Announces Distinguished Keynote Presenters for STEMtech Conference 2Health News:League for Innovation Announces Distinguished Keynote Presenters for STEMtech Conference 3Health News:Amerec’s Steam and Sauna Continuing Education Course Now Approved for Interior Design Credit 2Health News:IANDS Sponsors No-Cost Webinar on July 1/15 at 11CST Featuring Combat Soldier Who Survived Near-Death Experience 2Health News:IANDS Sponsors No-Cost Webinar on July 1/15 at 11CST Featuring Combat Soldier Who Survived Near-Death Experience 3Health News:Back in Stock: Keep Skin and Lymphatic System Healthy with Dry Skin Brushes from Sublime Beauty® 2Health News:NYSATA and Members Recognized with National Awards 2Health News:NYSATA and Members Recognized with National Awards 3
... Pain,Solutions, LLC (IPS), a wholly-owned subsidiary of ... announced that it has signed a national ... access to IPS, proprietary,provider network of pain ... call center will process patient appointments, originating,from ...
... Cardiovascular disease accounts,for 40 percent of all deaths ... combined. The best way to avoid cardiovascular diseases such ... leading cause of death in,America -- is to maintain ... http://www.newscom.com/cgi-bin/prnh/20071025/NYTHFNS3 ) "The higher your blood ...
... Ala. Providing HIV combination antiretroviral drug therapy is key ... disease. , Letting nurses and other trained health care workers ... in short supply, is just as important to saving lives, ... at Birmingham (UAB). , Data for the study was gathered ...
... following statement was issued,today by the law firm of Schiffrin ... that a class action lawsuit was filed in the,United States ... all securities purchasers of Aetna Inc. (NYSE: AET ) ... 2006, inclusive (the,"Class Period"). If you wish to discuss ...
... Outcomes, Safety Concerns and,Interference with Doctors, Expertise as ... Leading oncologists from,across the country gathered in ... the new National Coverage Decision (NCD) for the ... for Medicare,patients. The meeting, which brought together approximately ...
... CARMEL, Ind., Oct. 24 Less complicated ... product, will come,as a welcome relief to Type ... over the complications of caring for the,disease and ... A recent study, conducted by researchers at University ...
Cached Medicine News:Health News:IPS Secures National Contract to Deliver FOCUS Healthcare Provider Network Access to Pain Management Specialists 2Health News:IPS Secures National Contract to Deliver FOCUS Healthcare Provider Network Access to Pain Management Specialists 3Health News:IPS Secures National Contract to Deliver FOCUS Healthcare Provider Network Access to Pain Management Specialists 4Health News:Figure Skater Peggy Fleming Teams with HealthSaver: Heart Healthy Living 2Health News:Figure Skater Peggy Fleming Teams with HealthSaver: Heart Healthy Living 3Health News:Figure Skater Peggy Fleming Teams with HealthSaver: Heart Healthy Living 4Health News:Figure Skater Peggy Fleming Teams with HealthSaver: Heart Healthy Living 5Health News:JAMA study shows what works in treating HIV-infected African children 2Health News:Shareholder Class Action Filed Against Aetna Inc. by the Law Firm of Schiffrin Barroway Topaz & Kessler, LLP 2Health News:Shareholder Class Action Filed Against Aetna Inc. by the Law Firm of Schiffrin Barroway Topaz & Kessler, LLP 3Health News:Leading Oncologists from Across the Country Hold Emergency Meeting on New Government Reimbursement Policy for Medicare Patients with Cancer 2Health News:Leading Oncologists from Across the Country Hold Emergency Meeting on New Government Reimbursement Policy for Medicare Patients with Cancer 3Health News:New Nutraceutical Supplement Provides Simplified Approach to Diabetes Management Programs 2Health News:New Nutraceutical Supplement Provides Simplified Approach to Diabetes Management Programs 3
... D-Type can combine a number of ... microplates on a simple to use ... is a multifunctional stand-alone device but ... robotic systems. Custom and standard add-on ...
Grab one and go, One of the smallest handheld oximeters available, Datex-Ohmeda s TuffSat is the ideal spot-check solution for hospital, home care, transport, and EMS. TuffSat comes fully loaded wi...
Smith & Nephew's CDS System is developed exclusively for discography., Developed exclusively for discography, it is the first system designed to measure true disc pressure and record real-time proce...
The Maxi-Therm® lite hyper-hypothermia water blankets from Cincinnati Sub-Zero take conductive warming and cooling therapy to a new, softer level. These blankets are soft, lightweight, and remai...
Medicine Products: