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Kindred Healthcare launches equity offering


Monday, 16 Jun 2014 04:18pm EDT 

Kindred Healthcare Inc:Launches underwritten public offering for an aggregate of 9,000,000 shares of Kindred common stock.Intends to grant the underwriters a 30-day option to purchase up to an additional 1,350,000 shares of Kindred common stock.Citigroup and Morgan Stanley & Co. LLC are acting as the joint book-running managers for the Offering.Intends to use the net proceeds from the Offering to finance potential acquisitions or for general corporate purposes, including paying down the Company's existing indebtedness. 

Company Quote

24.33
0.95 +4.06%
27 Mar 2015