News: Owens & Minor Inc (OMI.N)

OMI.N on New York Stock Exchange

19 Dec 2014
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$0.19 (+0.55%)
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Thu, Sep 11 2014

Fitch Rates Owens & Minor's New Debt 'BBB-'; Outlook Stable

(The following statement was released by the rating agency) CHICAGO, September 11 (Fitch) Fitch Ratings has assigned a 'BBB-' rating to the new senior unsecured bonds issued by Owens & Minor, Inc. (NYSE: OMI). Bond proceeds are expected to be used to redeem OMI's $200 million of 2016 bonds, to fund the $233 million purchase of Medical Action Industries Inc., and for general corporate purposes. A full list of current ratings follows at the end of this release. The Rating Outlook is Stable. K

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