Navigation Links
WebMD Announces Proposed Offering of Convertible Notes
Date:1/5/2011

NEW YORK, Jan. 5, 2011 /PRNewswire/ -- WebMD Health Corp. (Nasdaq: WBMD) today announced that it intends to offer $350 million of Convertible Notes due 2018 in a private placement. WebMD also expects to grant the initial purchaser in the proposed offering an option to purchase up to an additional $50 million aggregate principal amount of notes.  The notes are being offered only to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933.  

The notes will be convertible into shares of WebMD's common stock, based on a conversion rate to be determined.  Interest on the notes will be payable semiannually in arrears on January 31 and July 31 of each year, beginning on July 31, 2011.  The notes will mature on January 31, 2018, unless previously repurchased or converted in accordance with their terms prior to such date.  The interest rate, conversion rate, conversion price and other terms of the notes will be determined at the time of pricing of the offering.  

WebMD intends to use up to $100 million of the net proceeds from the sale of the notes to repurchase shares of its common stock, and to use the remainder of the net proceeds for general corporate purposes, which may include acquisitions and additional repurchases of its common stock, and for working capital.

The notes and the common stock of WebMD issuable upon conversion of the notes will not be registered under the Securities Act or any state securities laws, and unless so registered, may not be offered or sold in the United States, except pursuant to an exemption from the registration requirements of the Securities Act and applicable state securities laws.

This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or
'/>"/>

SOURCE WebMD
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2

Related medicine technology :

1. WebMD Completes Redemption of 3 1/8% Convertible Notes
2. WebMD to Present at the Citi 7th Annual U.S. Small/Mid Cap Conference
3. WebMD Announces 2009 Health Heroes
4. WebMD to Present at the 2009 Citi Investment Research Small and Mid Cap Conference
5. WebMD Health Corp. Announces Intention To Commence Tender Offer To Repurchase Up To 5,700,000 Shares of its Common Stock
6. WebMD Launches New Consumer Health Portal in the U.K.
7. WebMD and HLTH Corporation to Webcast Annual Meetings of Stockholders
8. Mylan Announces Voluntary De-listing of 1.25% Senior Convertible Notes Due 2012 from Nasdaq
9. RSB Spine, LLC, Announces Record 2010 Revenue Growth
10. Gliknik Announces Completion of Equity Financing
11. BD Announces Webcast of Annual Meeting of Shareholders
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/23/2015)... 23, 2015  Lixte Biotechnology Holdings, Inc. (OTCQB: LIXT), announced that ... of Lixte,s lead compound, LB‑100, is being conducted, has been ... S. Kovach , M.D., the founder and President of Lixte, ... at a single site. Accrual of patients, however, was slower ...
(Date:1/23/2015)... , Jan. 23, 2015  CytoSorbents Corporation (NASDAQ ... its CytoSorb® extracorporeal cytokine adsorber to reduce deadly ... the receipt of $385,642, net of transaction costs, ... the Technology Business Tax Certificate Transfer Program sponsored ...
(Date:1/23/2015)... , January 23, 2015 Heptares Therapeutics, ... delighted to announce that the Malcolm Campbell Memorial ... (Vice President of Chemistry), Fiona Marshall (Chief ... Executive Officer and co-founder) for the seminal contributions to GPCR ...
Breaking Medicine Technology:Lixte Biotechnology Holdings Announces Expansion Of Clinical Sites For Its Phase I Trial Of Its Lead Anti-Cancer Compound, LB-100 2Lixte Biotechnology Holdings Announces Expansion Of Clinical Sites For Its Phase I Trial Of Its Lead Anti-Cancer Compound, LB-100 3CytoSorbents Receives $385,000 in Non-Dilutive Funding from the New Jersey Technology Business Tax Certificate Transfer Program 2CytoSorbents Receives $385,000 in Non-Dilutive Funding from the New Jersey Technology Business Tax Certificate Transfer Program 3Heptares Scientists to Receive the Malcolm Campbell Memorial Prize for 2015 in Recognition of Their Outstanding Contribution to GPCR Drug Discovery 2Heptares Scientists to Receive the Malcolm Campbell Memorial Prize for 2015 in Recognition of Their Outstanding Contribution to GPCR Drug Discovery 3Heptares Scientists to Receive the Malcolm Campbell Memorial Prize for 2015 in Recognition of Their Outstanding Contribution to GPCR Drug Discovery 4
... PETALUMA, Calif., Oct. 8 Oculus Innovative,Sciences, Inc. (Nasdaq: ... be,presenting at the 4th Annual BIO InvestorForum Conference to ... San Francisco. The company,s,president and chief executive officer, Hoji ... its clinical programs and the most recent,quarter on Thursday, ...
... A research study,at the University of Arkansas for Medical Sciences ... rapidly assembled groups of women to,aid in the study of ... collection of saliva samples from,thousands of women and is being ... Komen for the Cure. The saliva samples will be used ...
Cached Medicine Technology:Oculus Innovative Sciences to Present at 4th Annual BIO InvestorForum Conference 2Spit for the Cure Offers Unique Opportunity for Women to Participate in Breast Cancer Research 2
(Date:1/22/2015)... 22, 2015 Liberty University has received accreditation ... program from the Council for Accreditation of Counseling & ... Liberty’s Center for Counseling & Family Studies , is ... the university’s new School of Behavioral Sciences. Prior to the ...
(Date:1/22/2015)... 22, 2015 Woodloch Pines, an all-inclusive ... selected by TripAdvisor as the number one best large hotel ... in the world for their annual Travelers’ Choice Awards. ... . The website is home to millions of unbiased and ...
(Date:1/22/2015)... 23, 2015 VogueQueen is a seasoned and ... and many designers are thrilled to have it lead the ... its new collection of prom dresses for the global market. ... the strategic vision and he focuses on continuing the goal ...
(Date:1/22/2015)... Blue Cross and Blue Shield of Minnesota (Blue Cross) ... to “Live Fearless.” , The “Faces of Fearless” ... about how they or someone they know has faced a ... the moment. By telling these types of stories through livefearlessmn.com, ...
(Date:1/22/2015)... Juvent Sports ( http://www.juventsports.com ) and David Leadbetter ... to bestow a Juvent Sports Achievement award upon an ... The award commemorated and congratulated McKitrick for her record ... her first amateur tournament in 1979 and most recently ...
Breaking Medicine News(10 mins):Health News:Liberty University's Resident Master’s Counseling Program Receives CACREP Accreditation 2Health News:TripAdvisor Names Woodloch Pines Best Hotel for Families in America 2Health News:TripAdvisor Names Woodloch Pines Best Hotel for Families in America 3Health News:VogueQueen Unveils New Designs of Prom Dresses for 2015 2Health News:Blue Cross and Blue Shield of Minnesota to Showcase “Faces of Fearless” 2Health News:All-Time Leading Female Amateur Golfer Arlene McKitrick Receives Juvent Sports Achievement Award at 2015 PGA Show 2Health News:All-Time Leading Female Amateur Golfer Arlene McKitrick Receives Juvent Sports Achievement Award at 2015 PGA Show 3
... since the 2003,ruling by the Federal Social Court ... German surgeons have performed a cross over transplantation very recently ... the procedure legal in certain circumstances. ,In a cross ... or her kidney to the ill person in another couple, ...
... from persistence of REM activity, including typical paralysis associated// ... become aware or as they are falling asleep. ... surroundings, but are unable to move. Hallucinations, such as ... chest, and hearing footsteps or odd sounds commonly accompany ...
... big or growing fast: systematic review of size and ... those who grow rapidly during the first two years of ... adulthood, a study reveals. ,There is an urgent need ... it is not clear how early in life prevention could ...
... Richard Gere with many Kollywood stars like Kamal Hassan, ... a show in Hyderabad to spread the awareness on AIDS. ... sponsored by agencies including the Melinda and Bill Gates Foundation ... ,'You can change anything in partnership with others. I ...
... proximity of the thyroid gland to the larynx, trachea, ... these structures. Invasion of the larynx by differentiated thyroid ... mortality when present. ,A recent article, which appears ... of Surgery , reports on 5 differentiated thyroid carcinomas ...
... Viagra use is linked to development of vision disorders. It ... used Viagra medicines. It is found that it contains three ... of blindness. Men most at risk for the vision loss ... high blood pressure and high cholesterol, among other ailments. The ...
Cached Medicine News:Health News:First Crossover Kidney Transplantation In Germany 2Health News:First Crossover Kidney Transplantation In Germany 3Health News:Isolated Sleep Paralysis In Patients With Anxiety Disorders 2Health News:Impotence drug such as Viagra may cause Vision Loss 2
...
The PICO50 is used for arterial line sampling....
The PICO70 is a self-filling sampler for arterial puncture....
... never handled like this before. ... mind, the Spiroflex catheters unique ... and hydrophilic coating provide outstanding ... in with ease and track ...
Medicine Products: